# Palm Oil News - CPO Price Would be Decreasing in the Next 6 Months

> 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.

- Date: 2021-11-28 · published 2021-11-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44159-palm-oil-news-cpo-price-would-be-decreasing-in-the-next-6-months
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- en.infosawit.com: https://en.infosawit.com/news/9161/cpo-price-would-be-decreasing-in-the-next-6-months

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