Palm oil prices could reach US$1,500/tonne as B50 and El Niño tighten supply
09/06/2026 (Oils & Fats International) - Global crude palm oil (CPO) prices could surge to US$1,500/tonne in the second half of 2026, driven by elevated crude oil prices, Indonesia’s planned rollout of B50 biodiesel and the prospect of El Niño disrupting production in major producing countries, according to industry analysts quoted in a Jakarta Globe report.