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Palm oil supply concerns push prices higher

Malaysia
First seen: Aug 21, 2026, 7:31 AM UTCUpdated: Aug 21, 2026, 7:32 AM UTC

Lower yields are expected as Sabah growers reduce fertiliser use, while biofuel demand and El Niño-related supply reductions have lifted palm oil prices.

Tighter palm oil supply could increase food and biofuel costs internationally.

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