# Palm Oil News - The CPO Markets Would Keep Decreasing

> Palm oil prices are expected to keep falling after February's monthly reference price rose to US$839 per ton from US$729 in January. Importers including India are adding tariff and non-tariff barriers, and China's coronavirus outbreak is cutting its CPO imports.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/54013-palm-oil-news-the-cpo-markets-would-keep-decreasing
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Rising import barriers and weaker Chinese demand reduce export demand for Indonesian and Malaysian palm oil, pressuring prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +1.4% | +6.9% |
| PALMOIL | 2020-10-16 | [Palm oil clocks 1.4pc weekly fall as exports decline - Markets - Business Recorder](https://feedsoft.ai/events/50741-palm-oil-clocks-1-4pc-weekly-fall-as-exports-decline-markets-business-recorder.md) | +0.6% | +14.1% |
| PALMOIL | 2022-07-26 | [Palm oil prices to fall more due to distress selling by Indonesia - Markets - The Jakarta Post](https://feedsoft.ai/events/40585-palm-oil-prices-to-fall-more-due-to-distress-selling-by-indonesia-markets-the.md) | +4.3% | +4.6% |
| PALMOIL | 2024-07-30 | [Strategic marketing of Malaysian palm oil to China in a soft market](https://feedsoft.ai/events/15632-strategic-marketing-of-malaysian-palm-oil-to-china-in-a-soft-market.md) | +0.8% | +1.6% |
| PALMOIL | 2023-04-27 | [Vegetable oil market: Competitiveness declines, CPO price sinks](https://feedsoft.ai/events/4385-vegetable-oil-market-competitiveness-declines-cpo-price-sinks.md) | -10.0% | -8.3% |
| SBO | 2023-02-23 | [Declining rapeseed oil and meal prices in China will soon increase the pressure on the world rapeseed market](https://feedsoft.ai/events/37283-declining-rapeseed-oil-and-meal-prices-in-china-will-soon-increase-the-pressure.md) | -2.5% | -8.3% |
| SBO | 2025-03-11 | [Soybean oil market struggling this week - Brownfield Ag News](https://feedsoft.ai/events/25670-soybean-oil-market-struggling-this-week-brownfield-ag-news.md) | +0.8% | +7.8% |
| SBO | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +0.7% | -3.5% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/7961/the-cpo-markets-would-keep-decreasing

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