# Low production to support CPO prices | The Star

> Malaysia's crude palm oil output may have fallen further in November due to heavier-than-usual rainfall linked to La Nina, a worker shortage and seasonal factors. Lower production would reduce Malaysian palm oil stocks. The article was published in early December.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: weather · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/49758-low-production-to-support-cpo-prices-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Falling output and shrinking stocks tighten the global vegetable oil balance, which supports palm oil prices. Weather-driven supply losses tend to persist for several months.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-10-22 | [Malaysian palm oil prices begin to strengthen on lower Q3 production  : The Daily Digest](https://feedsoft.ai/events/56676-malaysian-palm-oil-prices-begin-to-strengthen-on-lower-q3-production-the-daily.md) | +1.3% | +16.9% |
| PALMOIL | 2026-08-28 | [IOI Corp sees strong FY27 on elevated CPO prices \| The Star](https://feedsoft.ai/events/4539-ioi-corp-sees-strong-fy27-on-elevated-cpo-prices-the-star.md) | +4.5% | +1.3% |
| PALMOIL | 2016-11-24 | [Lower palm oil output into early next year likely to support prices - The Business Times](https://feedsoft.ai/events/6694-lower-palm-oil-output-into-early-next-year-likely-to-support-prices-the.md) | +3.8% | +5.0% |
| PALMOIL | 2026-08-11 | [El Nino, biodiesel demand support CPO prices despite rising stocks](https://feedsoft.ai/events/15445-el-nino-biodiesel-demand-support-cpo-prices-despite-rising-stocks.md) | +0.4% | +7.2% |
| PALMOIL | 2024-01-15 | [OCBC Research revises 2024 CPO price to average RM3,650 per tonne \| The Star](https://feedsoft.ai/events/32230-ocbc-research-revises-2024-cpo-price-to-average-rm3-650-per-tonne-the-star.md) | -0.2% | -1.4% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2020/12/04/low-production-to-support-cpo-prices

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