# Palm oil prices stay high next year

> Southeast Asia drought pushes palm oil prices higher next year.
- Title: Palm oil prices stay high next year · Nikkei Asia | Shortify
- Summary: Southeast Asia drought pushes palm oil prices higher next year. Palm oil prices remain high next year due to Southeast Asia drought and rising biodiesel…
- Keywords: palm oil, southeast asia, drought, biodiesel, demand, prices, news, business, world, Palm, oil, stay
- Source: Nikkei Asia — https://asia.nikkei.com/business/markets/commodities/palm-oil-prices-to-stay-high-next-year-on-southeast-asia-drought
- Published: 2026-10-22T01:45:57+00:00
- Read time: 1 min
- Topics: palm oil, southeast asia, drought, biodiesel, demand, prices, news, business, world
## Palm oil prices expected high
Palm oil prices are expected to remain high into next year as dry weather hits output in Southeast Asia's key production areas.
## Biodiesel demand rising
Growing demand for biodiesel also tightening market, analysts say.
## Southeast Asia drought impact
Market forecasters predict El Nino will drive palm oil prices up next year.
## Key takeaway

Palm oil prices remain high next year due to Southeast Asia drought and rising biodiesel demand.