# Agribusiness Stocks - CGS-CIMB Research 2020-10-29: Key Takeaways From Virtual Palm & Lauric Oils Price Outlook Conference & Exhibition 2020 | SG Investors.io

> CGS-CIMB summarized a virtual palm oil conference where speakers were generally positive on crude palm oil prices through end-2020. Speakers expected prices of RM2,500-3,000 per tonne, citing tight edible oil stocks, La Nina concerns, and labour shortages in Malaysia that could hurt fruit yields.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/50513-agribusiness-stocks-cgs-cimb-research-2020-10-29-key-takeaways-from-virtual
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expectations of tight edible oil supply through early 2021 support palm oil prices, and higher vegetable oil costs can also lift the cost of palm-based feed ingredients such as PFAD and palm kernel meal.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2020/10/agribusiness-stocks-cgs-cimb-research-2020-10-29.html

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