Malaysia: Boost in demand for palm oil seen on supply recovery

After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.

• Nov 7, 2019Total palm oil output of Indonesia, Malaysia seen flat in 2020 - analyst Mistry+0.6%
• Dec 5, 2022Malaysia’s end-Nov palm oil stocks seen down slightly as output falls - Markets - Business Recorder+1.3%
• Feb 29, 2024Brighter Outlook for Malaysian Oil Palm Industry This Year+4.9%
• Aug 1, 2023Malaysia palm oil prices seen at 3,700-4,200 ringgit in H2 -state agency-2.8%
• Jan 17, 2020Palm oil rally sparked by growing biodiesel use in Malaysia and Indonesia-0.0%

After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

• Feb 29, 2024Brighter Outlook for Malaysian Oil Palm Industry This Year+0.5%
• Jan 17, 2020Palm oil rally sparked by growing biodiesel use in Malaysia and Indonesia-3.1%
• Sep 29, 2021Palm Oil Supply and Demand Prospects | Global Oil & Fats Business Online – gofbonline.com+2.7%
• Jul 3, 2023Palm oil ends more than 5pc higher on supply worries - Markets - Business Recorder+6.2%
• Jan 12, 2022Palm oil imports to dip in 2021-22 on lower Malaysia exports, converging vegoil prices: US FAS-0.8%