# Palm oil futures to stay strong till next March | FMT

> Veteran trader Dorab Mistry forecasts palm oil futures will trade between RM4,000 and RM4,400 per tonne from October to February, slipping slightly in March. He attributes support to Indonesia's biofuel mandate and higher export taxes, and expects Malaysian output to recover only after Ramadan next year.

- Date: 2021-09-25 · published 2021-09-25T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44944-palm-oil-futures-to-stay-strong-till-next-march-fmt
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A forecast of firm palm oil prices through winter tightens the outlook for vegetable oil supplies, supporting soybean oil and related feed-protein alternatives.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/highlight/2021/09/25/palm-oil-futures-to-stay-strong-till-next-march

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