# Palm Industry Players Worried Over Supply Growth - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Industry players at the Palm and Lauric Oils Conference 2024 voiced concern over limited supply growth from Indonesia and Malaysia, with many speakers expecting crude palm oil to break above RM4,000 per ton near term. Most experts expected prices to trade lower in the second half of 2024, while local planters guided to double-digit production growth. The EU Deforestation Regulation was highlighted as a key demand factor.

- Date: 2024-04-08 · published 2024-04-08T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/30836-palm-industry-players-worried-over-supply-growth-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Limited supply growth and EUDR compliance costs support palm prices, though expected second-half softening and planter output growth cap the upside.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-24 | [Palm Oil Export Durty Reviewed - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/46457-palm-oil-export-durty-reviewed-gabungan-pengusaha-kelapa-sawit-indonesia-gapki.md) | +0.5% | +8.4% |
| PALMOIL | 2020-11-05 | [Palm Oil Industry Helps Realize Energy Mix Target - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/50046-palm-oil-industry-helps-realize-energy-mix-target-gabungan-pengusaha-kelapa.md) | +7.5% | +10.7% |
| PALMOIL | 2021-07-02 | [Government Revises Down Palm Oil Export Duty - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45937-government-revises-down-palm-oil-export-duty-gabungan-pengusaha-kelapa-sawit.md) | +3.7% | +9.7% |
| PALMOIL | 2025-11-25 | [Global Palm Price Set To Rise As RI’s B50 Will Cause Supply Crunch - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/22050-global-palm-price-set-to-rise-as-ri-s-b50-will-cause-supply-crunch-gabungan.md) | +1.8% | -0.2% |
| PALMOIL | 2024-08-20 | [RI To Intensify Downstreaming Of Palm Oil Industries Next Year - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15623-ri-to-intensify-downstreaming-of-palm-oil-industries-next-year-gabungan.md) | +1.8% | +4.8% |

## Sources

- gapki.id: https://gapki.id/en/news/2024/04/08/palm-industry-players-worried-over-supply-growth/

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