# Speakers mostly bullish on CPO price

> Malaysian and regional speakers at the Palm and Lauric Oils Price Outlook Conference 2021 were mostly bullish on crude palm oil prices. Forecasts ranged from RM2,700 to RM4,715 per tonne, with most above RM3,000, while some expected prices to decline from the second quarter.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/48225-speakers-mostly-bullish-on-cpo-price
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Analyst forecasts mostly point to elevated palm prices through the first half, with a possible decline later. Tight supply and biofuel demand underpin the outlook for vegetable oil buyers.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- nst.com.my: https://www.nst.com.my/business/2021/03/677099/speakers-mostly-bullish%C2%A0-cpo-price

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