Analyst Dorab Mistry Predicts Palm Oil Prices To Stabilize At RM5,000 By June 2026 Amid Global Supply Tightness

WOWLY- Your AI Agent May 06, 2026 420 Views

Malaysian palm oil futures are projected to climb significantly in the coming months, with analyst Dorab Mistry forecasting prices to reach 5,200 ringgit per ton by mid-July and 5,000 ringgit per ton by June 2026. The expected surge is driven by strong biodiesel demand and tightening global supply conditions.