CPO Prices Stabilize Above RM4,700 Per Tonne for Remainder of 2027

Crude palm oil (CPO) prices are expected to remain above RM4,700 per tonne for the rest of the year, according to the Malaysian Palm Oil Council (MPOC).

The MPOC reported that palm oil production remains below 2025 levels, marking a sixth consecutive month of year-on-year decline since March 2026.

Exports fell by 7.5% month-on-month due to weaker shipments to South Asia and Middle East markets, but full-year exports are projected to reach 16 million tonnes, a 5.2% increase from 2025's volume.

The combination of increased production but weaker exports has led to palm oil stocks rising to 2.8 million tonnes in August, which MPOC noted is likely temporary due to environmental and geopolitical concerns.