# DMAWorks: How to trade Crude Palm Oil Futures ( FCPO )  17022017

> Palm oil for May delivery fell as much as 2% to 2,871 ringgit a tonne on Bursa Malaysia Derivatives, a three-month low, and was on track for its biggest weekly drop since October 2015. Analysts cited weak demand, the higher March export tax and soybean oil losses.

- Date: 2017-02-17 · published 2017-02-17T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/11861-dmaworks-how-to-trade-crude-palm-oil-futures-fcpo-17022017
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak demand and expected higher Malaysian stocks point to continued pressure on palm oil. Lower soybean oil values also weigh on the vegetable oil complex.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-16 | 1 | -2.3% | -3.1 | Describes a ~2% fall to a three-month low driven by weak demand, the higher March export tax and soybean oil losses, matching the drop's mechanisms, but it is dated 17 Feb, a day after the move window, so it may reflect adjacent-day declines.} |

## Sources

- dmaworks.blogspot.com: http://dmaworks.blogspot.com/2017/02/how-to-trade-crude-palm-oil-futures_17.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.