# Palm oil falls 1% MoM on lower production, expected to improve in 2022 15.12.2021 - UkrAgroConsult

> Malaysia's palm oil inventory fell 1% month-on-month to 1.82 million tonnes in November 2021 due to lower crude palm oil output. Exports rose on higher demand from India, the US and Europe. MIDF expects stocks to recover toward 2-3 million tonnes in 2022.

- Date: 2021-12-15 · published 2021-12-15T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15860-palm-oil-falls-1-mom-on-lower-production-expected-to-improve-in-2022-15-12-2021
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Slightly lower stocks and steady export demand support near-term palm oil prices. Stock levels rising above 2.5 million tonnes could trigger a price decline.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-01-12 | [Palm oil imports to dip in 2021-22 on lower Malaysia exports, converging vegoil prices: US FAS](https://feedsoft.ai/events/43229-palm-oil-imports-to-dip-in-2021-22-on-lower-malaysia-exports-converging-vegoil.md) | +2.6% | +11.7% |
| PALMOIL | 2022-02-10 | [Fishmeal production up 3.6% in 2021; more growth expected \| Feed Strategy](https://feedsoft.ai/events/42618-fishmeal-production-up-3-6-in-2021-more-growth-expected-feed-strategy.md) | -0.2% | +19.9% |
| PALMOIL | 2022-12-20 | [USDA lowers 2022/23 global oilseed production forecast by 1M tonnes](https://feedsoft.ai/events/38366-usda-lowers-2022-23-global-oilseed-production-forecast-by-1m-tonnes.md) | +0.6% | +1.7% |
| PALMOIL | 2019-11-01 | [Malaysian palm oil production to drop slightly in 2020, pushing the price upward, says expert \| Malay Mail](https://feedsoft.ai/events/4290-malaysian-palm-oil-production-to-drop-slightly-in-2020-pushing-the-price-upward.md) | +12.8% | +16.7% |
| PALMOIL | 2020-07-22 | [Asian palm oil producers forecast lower output in 2020](https://feedsoft.ai/events/52037-asian-palm-oil-producers-forecast-lower-output-in-2020.md) | +0.3% | +9.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/palm-oil-falls-1-mom-on-lower-production-expected-to-improve-in-2022/

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