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An article on Malaysian palm oil output and consumption projects palm oil supply rising to 2030 and 2035 and cottonseed oil consumption in the country falling from 185,000 tons toward 170,000 tons by 2030.
Projected palm oil output growth adds to vegetable oil supply, which weighs on palm oil prices and competes with soybean oil in feed fats markets.
After 96 past bearish report events, PALMOIL moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.6%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.