# World’s Largest Palm Oil Producers Rally on Tight Supply - WSJ

> Shares of major palm oil producers jumped as palm oil prices looked set to hit another record high. The world's largest palm oil company by planted area was up 13% in late Asian trading. The move reflected expectations of tight edible oil supply.

- Date: 2021-10-06 · published 2021-10-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44665-world-s-largest-palm-oil-producers-rally-on-tight-supply-wsj
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Equity gains among producers signal market expectations of higher palm oil prices driven by tight supply, which in turn raise the cost of vegetable oils used in feed.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- wsj.com: https://www.wsj.com/articles/worlds-largest-palm-oil-producers-rally-on-tight-supply-11633507681

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