# Malaysian palm oil prices recover on output concerns, strong demand - Fastmarkets

> Malaysian palm oil futures rose sharply on August 4, with the front-month up nearly 4%, on lower output expectations and renewed Indian physical buying. Traders also cited political uncertainty in Malaysia and a Dalian rally driven by Chinese funds.

- Date: 2021-08-04 · published 2021-08-04T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/45658-malaysian-palm-oil-prices-recover-on-output-concerns-strong-demand-fastmarkets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower output expectations and firm Indian import demand support palm oil prices and tighten the vegetable oil complex, which lifts soyoil and competes with meal demand.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/malaysian-palm-oil-prices-recover-on-output-concerns-strong-demand/

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