# Malaysia 2021 palm oil output seen up on better weather, yield - UkrAgroConsult

> Malaysia's palm oil board expects 2021 crude palm oil output, oil extraction rate and exports to rise on better weather and yields. The board projects output of 22 million tonnes by 2025 but gave no 2021 production figure.

- Date: 2021-06-08 · published 2021-06-08T12:00:00.000Z
- Category: weather · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/46461-malaysia-2021-palm-oil-output-seen-up-on-better-weather-yield-ukragroconsult
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher expected Malaysian output adds to global palm oil supply, which is bearish for palm oil prices if realized, although no new numbers were given.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-03-04 | [Good weather expected to bolster Malaysia, Indonesia palm output \| Malaysiakini](https://feedsoft.ai/events/60204-good-weather-expected-to-bolster-malaysia-indonesia-palm-output-malaysiakini.md) | -3.0% | -2.8% |
| PALMOIL | 2017-03-07 | [Global palm oil output seen rising 11pc in 2017 \| Malay Mail](https://feedsoft.ai/events/72112-global-palm-oil-output-seen-rising-11pc-in-2017-malay-mail.md) | -4.1% | -7.2% |
| PALMOIL | 2023-09-28 | [Malaysia 2024 palm oil output to rise despite El Nino - govt \| Reuters](https://feedsoft.ai/events/34218-malaysia-2024-palm-oil-output-to-rise-despite-el-nino-govt-reuters.md) | -2.3% | -3.9% |
| PALMOIL | 2016-12-29 | [Palm oil meeting in Bali to focus on weather \| The ASEAN Post](https://feedsoft.ai/events/73573-palm-oil-meeting-in-bali-to-focus-on-weather-the-asean-post.md) | -1.2% | -0.1% |
| PALMOIL | 2022-06-14 | [Turner's Take Ag Marketing \| CBOT Breaks on Better Weather](https://feedsoft.ai/events/7216-turner-s-take-ag-marketing-cbot-breaks-on-better-weather.md) | -5.1% | -33.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/malaysia-2021-palm-oil-output-seen-up-on-better-weather-yield/
- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/060821-interview-malaysia-2021-palm-oil-output-seen-up-on-better-weather-yield-mpob-chief

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