# As ageing trees sap yields, Asian palm oil firms race to replant

> Palm oil producers in Indonesia and Malaysia, which together supply 85% of the world's palm oil, are increasing replanting after a decade of letting estates age. Ageing trees are reducing yields and threatening future supply.

- Date: 2023-04-14 · published 2023-04-14T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/36511-as-ageing-trees-sap-yields-asian-palm-oil-firms-race-to-replant
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower yields from ageing trees tighten the long-term supply of palm oil, which makes up nearly 60% of global vegetable oil. Replanting only adds output after several years, so the effect on near-term prices is limited.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-12-19 | [Indonesia state research firm sees 2016 palm oil production down 2.3 percent](https://feedsoft.ai/events/73378-indonesia-state-research-firm-sees-2016-palm-oil-production-down-2-3-percent.md) | -1.2% | -0.3% |
| 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% |
| PALMOIL | 2026-02-04 | [Palm Oil Prices Stabilize As Exports Rise And Stocks Fall - Finimize](https://feedsoft.ai/events/4667-palm-oil-prices-stabilize-as-exports-rise-and-stocks-fall-finimize.md) | -1.6% | -0.6% |
| PALMOIL | 2023-07-03 | [Palm oil price to stay high amid tighter soybean market, say analysts](https://feedsoft.ai/events/6546-palm-oil-price-to-stay-high-amid-tighter-soybean-market-say-analysts.md) | +10.3% | +12.9% |
| PALMOIL | 2023-07-04 | [Palm and soybean oil futures rose 8.5-10% in two sessions, following soybean prices](https://feedsoft.ai/events/6545-palm-and-soybean-oil-futures-rose-8-5-10-in-two-sessions-following-soybean.md) | -2.1% | +0.8% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/ageing-trees-sap-yields-asian-palm-oil-firms-race-replant-2023-04-14/

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