# Palm prices seen firm until Feb, but could ease from March –analyst Mistry

> Benchmark crude palm oil prices have risen nearly 25% this year, extending a third straight annual gain, as a pandemic-related labour shortage has constrained output in Malaysia. The contract hit a record 4,560 ringgit a tonne in mid-August.

- Date: 2021-09-25 · published 2021-09-25T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/45162-palm-prices-seen-firm-until-feb-but-could-ease-from-march-analyst-mistry
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight Malaysian supply supports vegetable oil prices, but high levels are curbing demand from price-sensitive buyers such as India. Analysts expect prices to ease from March, which could soften competition for soy oil and feed-related fats.

## Read by commodity

- SBO: neutral
- PALMOIL: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/palm-prices-seen-firm-until-feb-could-ease-march-analyst-mistry-2021-09-25/?taid=614f407c88b4be000154fc91

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