# Palm oil falls over 1% on concerns about rising Indonesia supply - Markets - Business Recorder

> Malaysian palm oil futures fell 1.77% on July 27 to 3,720 ringgit per tonne, down for a fourth session in five. Malaysian July 1-25 exports fell 2.2% from June, and a large share of export demand has shifted to Indonesia.

- Date: 2022-07-27 · published 2022-07-27T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/40578-palm-oil-falls-over-1-on-concerns-about-rising-indonesia-supply-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Softer demand and Indonesian competition keep palm oil prices under pressure, pointing to lower vegetable oil values for feed and food users.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40188435

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