# Can Global Vegoil Production Grow Once More? | CZ app

> An analysis notes that Malaysian palm oil output appears to have peaked and Argentine soybean oil output is stagnant. USDA's November 2022 Oilseeds report projects Malaysia's share of global palm oil trade falling to a five-year low next year.

- Date: 2022-11-24 · published 2022-11-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/15358-can-global-vegoil-production-grow-once-more-cz-app
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Flat supply from the two major vegetable oil exporters, against rising US renewable diesel demand, points to tighter global vegetable oil supply and firmer prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/can-global-vegoil-production-grow-once-more/

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