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Finance

Palm Oil Hits Highest Since 2024 as Biofuels, El Niño Cut Supply

▶ Bloomberg Aug 20, 2026 Aug 20 👁 2 views

Palm Oil Hits Highest Since 2024 as Biofuels, El Niño Cut Supply

📋 Article Summary

52 words

Palm oil climbed to its highest level in about 20 months, as rising biofuel demand and mounting production risks from the strengthening El Niño underpin prices. Palm oil climbed to its highest level in about 20 months, as rising biofuel demand and mounting production risks from the strengthening El Niño underpin prices.

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