# Crude palm oil prices may stay high in Q1 of FY17 | The Star

> Affin Hwang Capital Research expects crude palm oil prices to stay high in the first quarter of 2017 because supply remains tight. It expects production to recover from the second quarter onward, which would pressure prices, and it raised its 2017-18 CPO price assumption to RM2,600 per tonne.

- Date: 2017-02-02 · published 2017-02-02T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/12325-crude-palm-oil-prices-may-stay-high-in-q1-of-fy17-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Analysts expect firm prices near term, followed by downward pressure as Malaysian production recovers later in 2017. The outlook is mixed for palm oil prices over the year.

## Read by commodity

- PALMOIL: neutral

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2017/02/03/crude-palm-oil-prices-may-stay-high-in-q1-of-fy17/

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