0206 GMT - A potentially strong El nino phenomenon could provide additional support to crude palm oil prices, MBSB Research says in a note. Weather-related production risks have historically led to firmer palm oil prices as markets price in tighter supply, it says. It expects dry weather to tighten palm oil supply, with the full impact on fresh fruit bunch yields likely to emerge in 2027 due to the crop's biological lag. MBSB remains tactically positive on the Malaysian plantation sector, and pegs SD Guthrie, TA Ann and Sarawak Plantation as top picks. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
June 28, 2026 22:06 ET (02:06 GMT)
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