# Indonesia's CPO prices expected to adjust after stellar 2021 - Markets - The Jakarta Post

> Indonesia's palm oil association GAPKI expects crude palm oil prices to stay near $1,000 per tonne through the first half of 2022. State-owned Bank Mandiri forecasts a correction to an average of $879 per tonne in 2022 as US monetary policy tightens and output outpaces consumption.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/43693-indonesia-s-cpo-prices-expected-to-adjust-after-stellar-2021-markets-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Analysts disagree on direction, with producers expecting firmness while bank forecasts point to a decline, so buyers should expect price volatility in palm-based feed fats.

## Read by commodity

- PALMOIL: neutral

## Sources

- thejakartapost.com: https://www.thejakartapost.com/business/2021/12/06/analysts-expect-cpo-price-correction-after-stellar-2021

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