GAPKI · Indonesian Palm Oil AssociationSelected
GAPKI: 2027 palm oil prices may rise as domestic biodiesel use erodes exports
Published:
English editorial record · renofaro
Key points
- Indonesian palm oil association GAPKI expects palm oil prices to rise in 2027 as strong domestic biodiesel absorption cuts Indonesian exports.
- Secretary-General Hadi Sugeng Wahyudiono said the shift would tighten the global vegetable-oil balance and could push up cooking-oil and derivative prices at home.
- GAPKI remains optimistic that 2026 output can reach 58.8 million tons; full 2027 price projections will be presented by global analysts, including Dorab Mistry, at IPOC 2026 in Bali on November 11-13.
Summary
Indonesian palm oil association GAPKI expects palm oil prices to rise in 2027 as strong domestic biodiesel absorption cuts Indonesian exports. Secretary-General Hadi Sugeng Wahyudiono said the shift would tighten the global vegetable-oil balance and could push up cooking-oil and derivative prices at home. GAPKI remains optimistic that 2026 output can reach 58.8 million tons; full 2027 price projections will be presented by global analysts, including Dorab Mistry, at IPOC 2026 in Bali on November 11-13.
Original source title
Harga Minyak Sawit 2027 Berpotensi Naik Jika Ekspor Tergerus Serapan Domestik
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