# Palm oil prices to stay elevated through 1Q2025 but further upside limited, says BMI – QuotePalm

> BMI expects palm oil prices to stay elevated through Q1 2025 due to tight Indonesian and Malaysian supplies and Indonesia's planned B40 biodiesel mandate, though further gains should be limited. Benchmark futures have risen about 35% year to date. The article is dated November 11 in its text but posted December 8.

- Date: 2024-12-08 · published 2024-12-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/27045-palm-oil-prices-to-stay-elevated-through-1q2025-but-further-upside-limited-says
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tight palm supply and biodiesel demand keep vegetable oil prices firm, though limited upside suggests less pressure on feed fat costs ahead.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-01-02 | [Palm oil prices to stay high as fertiliser costs limit output, says CPOPC \| The Star](https://feedsoft.ai/events/43231-palm-oil-prices-to-stay-high-as-fertiliser-costs-limit-output-says-cpopc-the.md) | +5.7% | +12.1% |
| PALMOIL | 2026-04-30 | [Ringgit closes lower on volatile oil prices \| The Star](https://feedsoft.ai/events/19961-ringgit-closes-lower-on-volatile-oil-prices-the-star.md) | +0.5% | -1.1% |
| PALMOIL | 2018-02-28 | [Palm oil rises to seven-week top on weaker ringgit \| The Star](https://feedsoft.ai/events/10366-palm-oil-rises-to-seven-week-top-on-weaker-ringgit-the-star.md) | -0.9% | -2.6% |
| PALMOIL | 2026-05-28 | [Palm Oil Prices Rise As Crude Oil Gains - Finimize](https://feedsoft.ai/events/19380-palm-oil-prices-rise-as-crude-oil-gains-finimize.md) | +3.1% | -2.0% |
| PALMOIL | 2022-12-16 | [Rising oil prices and import rates to India are supporting vegetable oil quotes](https://feedsoft.ai/events/38344-rising-oil-prices-and-import-rates-to-india-are-supporting-vegetable-oil-quotes.md) | -0.1% | +0.9% |

## Sources

- quotepalm.com: https://quotepalm.com/palm-oil-prices-to-stay-elevated-through-1q2025-but-further-upside-limited-says-bmi/

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