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UOB Kay Hian and LMC International analysts said palm oil prices may fall over the next six months as biofuel demand weakens, while supply improves by late Q2 2022. Oil World projects four-oil vegetable production rising to a four-year high of 6.3 to 6.8 million tons.
Expectations of rising output and softer biofuel demand point to lower vegetable oil prices, easing feed-fat costs later in the cycle. The forecast is a view rather than a new event.
en.infosawit.comNov 28, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
