Palm oil may gain premium over soyoil in 2027 on supply risks, says industry official
Palm oil could trade at a premium to soyoil in 2027 as El Niño threatens production and rising biodiesel demand in top exporter Indonesia tightens supplies, a senior industry official told Reuters on Tuesday.Palm oil supplies are expected to tighten in 2027 as El Niño-induced dry weather weighs on…