# Palm rebounds on tight supply concerns, rival oil strength - Markets - Business Recorder

> Malaysian palm oil futures rebounded 1% to 4,973 ringgit per tonne after two sessions of losses. Rainy season weather was disrupting production in key producing regions, and traders said output remained slow. Soyoil and other rival oils also gained.

- Date: 2021-10-25 · published 2021-10-25T12:00:00.000Z
- Category: weather · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44664-palm-rebounds-on-tight-supply-concerns-rival-oil-strength-markets-business
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weather-related production delays in Malaysia support palm prices, and firm rival oil prices keep the vegetable oil complex well supported.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-01-23 | [Palm oil rebounds on severe rain concerns, Chinese demand - Markets - Business Recorder](https://feedsoft.ai/events/32229-palm-oil-rebounds-on-severe-rain-concerns-chinese-demand-markets-business.md) | +0.4% | -0.9% |
| PALMOIL | 2020-07-21 | [Palm oil bounces back, hovers near 5-month high on supply concerns - Markets - Business Recorder](https://feedsoft.ai/events/52202-palm-oil-bounces-back-hovers-near-5-month-high-on-supply-concerns-markets.md) | +0.4% | +8.7% |
| PALMOIL | 2026-07-23 | [Malaysian palm oil closes higher on supply squeeze concerns - Markets - Business Recorder](https://feedsoft.ai/events/18444-malaysian-palm-oil-closes-higher-on-supply-squeeze-concerns-markets-business.md) | +0.4% | +4.5% |
| PALMOIL | 2020-07-23 | [Palm oil tracks soyoil fall, wet weather stokes supply concerns - Markets - Business Recorder](https://feedsoft.ai/events/52203-palm-oil-tracks-soyoil-fall-wet-weather-stokes-supply-concerns-markets-business.md) | +0.2% | +9.7% |
| PALMOIL | 2020-11-04 | [Palm oil climbs to near 10-month high on tight supply outlook - Markets - Business Recorder](https://feedsoft.ai/events/50253-palm-oil-climbs-to-near-10-month-high-on-tight-supply-outlook-markets-business.md) | +6.0% | +10.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40128826

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