# CPO Prices Poised to Hold Strong Above Rm4,750 Amid Supply Uncertainties – MPOC

> Malaysian palm oil production began declining in October after a strong run, according to MPOC. The council says CPO prices are poised to hold above RM4,750 per tonne amid supply uncertainties.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/27495-cpo-prices-poised-to-hold-strong-above-rm4-750-amid-supply-uncertainties-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower output heading into the season supports palm oil prices, which tend to pull up rival vegetable oils and feed-relevant palm kernel and oil-based products. Buyers should expect firm edible oil and palm-linked feedstock costs.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- mpoc.org.my: https://www.mpoc.org.my/cpo-prices-poised-to-hold-strong-above-rm4750-amid-supply-uncertainties/

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