# Overview Of The Global Palm Oil Sector In 2020 And Outlook For 2021 – MPOC

> The Malaysian Palm Oil Council published its overview of the global palm oil sector for 2020 and its outlook for 2021. It notes that palm, soybean, rapeseed and sunflower oils make up about 76% of global oils and fats production. It also estimates that global oils and fats output fell by about 0.6 million tonnes in 2020.

- Date: 2021-01-25 · published 2021-01-25T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/49039-overview-of-the-global-palm-oil-sector-in-2020-and-outlook-for-2021-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The outlook frames the balance of the four major vegetable oils, which determines the supply of palm-based and oilseed-based feed ingredients. The report is background context rather than a new price shock.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-05-06 | [Malaysian Palm Oil Supply And Demand Outlook For 2020 – MPOC](https://feedsoft.ai/events/11555-malaysian-palm-oil-supply-and-demand-outlook-for-2020-mpoc.md) | +0.4% | +22.2% |
| PALMOIL | 2018-06-10 | [Rabobank: Global palm oil prices likely to be bullish after 2021 \| The Star](https://feedsoft.ai/events/64637-rabobank-global-palm-oil-prices-likely-to-be-bullish-after-2021-the-star.md) | -1.1% | -5.6% |
| PALMOIL | 2019-04-29 | [Palm oil analyst raises 2019 Malaysia output forecast to 20m tonnes \| The Star](https://feedsoft.ai/events/59678-palm-oil-analyst-raises-2019-malaysia-output-forecast-to-20m-tonnes-the-star.md) | -7.8% | -7.9% |
| PALMOIL | 2023-09-28 | [The Netherlands largest EU importer of soy, palm oil and cocoa \| CBS](https://feedsoft.ai/events/34127-the-netherlands-largest-eu-importer-of-soy-palm-oil-and-cocoa-cbs.md) | -2.3% | -3.9% |
| PALMOIL | 2021-11-02 | [CPO Price Sentiment For 2021 – MPOC](https://feedsoft.ai/events/9235-cpo-price-sentiment-for-2021-mpoc.md) | -1.5% | -0.4% |

## Sources

- mpoc.org.my: https://www.mpoc.org.my/overview-of-the-global-palm-oil-sector-in-2020-and-outlook-for-2021/

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