# Plantation experts concerned over May exports | Borneo Post Online

> Plantation analysts are worried about Malaysian crude palm oil exports from May onward as COVID-19 lockdowns curb businesses that buy palm oil. Prices have fallen to RM2,200-2,300 per tonne from about RM3,000 in January.

- Date: 2020-04-15 · published 2020-04-15T12:00:00.000Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/53508-plantation-experts-concerned-over-may-exports-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weaker import demand from key buyers is pushing palm oil prices lower, and a prolonged lockdown would deepen the drop in exports.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-01-24 | [Us withdrawal from tpp affects palm oil export \| Borneo Post Online](https://feedsoft.ai/events/73075-us-withdrawal-from-tpp-affects-palm-oil-export-borneo-post-online.md) | +0.1% | -5.3% |
| PALMOIL | 2020-03-04 | [Weaker demand expected for FGV in short to medium term period \| Borneo Post Online](https://feedsoft.ai/events/5816-weaker-demand-expected-for-fgv-in-short-to-medium-term-period-borneo-post-online.md) | -0.9% | -3.4% |
| PALMOIL | 2017-04-12 | [China edible oil price slump to hit palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online.md) | -2.5% | +1.6% |
| PALMOIL | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | -4.5% | -1.8% |
| PALMOIL | 2019-06-20 | [Ringgit to edge higher against dollar in coming months, says economist \| Borneo Post Online](https://feedsoft.ai/events/58860-ringgit-to-edge-higher-against-dollar-in-coming-months-says-economist-borneo.md) | -0.9% | -1.8% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2020/04/16/plantation-experts-concerned-over-may-exports/

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