# Coronavirus prompts palm plantation closures, world vegoil supply concerns | Malaysiakini

> Malaysian palm oil plantations will halt operations for two weeks to comply with government coronavirus containment orders, a producer group said on March 18. Analysts estimate March crude palm output could fall by 350,000-700,000 tonnes. Malaysian palm futures jumped 5% on the supply concerns.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: disease · region Malaysia · magnitude high
- Page: https://feedsoft.ai/events/54232-coronavirus-prompts-palm-plantation-closures-world-vegoil-supply-concerns
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A harvest pause in the world's second-largest palm producer tightens edible oil supply, supporting palm and competing vegoil prices for feed and food buyers.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-11-29 | [China soy, palm oil markets surge on swine fever spillover – China Economic Review](https://feedsoft.ai/events/56158-china-soy-palm-oil-markets-surge-on-swine-fever-spillover-china-economic-review.md) | +6.9% | +10.9% |
| PALMOIL | 2019-11-05 | [China's Cooking Oil Market Boils Amid Pork Shortage, Low Soy Stocks \| ESM Magazine](https://feedsoft.ai/events/56155-china-s-cooking-oil-market-boils-amid-pork-shortage-low-soy-stocks-esm-magazine.md) | +3.2% | +8.2% |
| PALMOIL | 2021-08-24 | [Production Drops After Public Curb, CPO Sees Highest Price - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45656-production-drops-after-public-curb-cpo-sees-highest-price-gabungan-pengusaha.md) | +0.3% | +0.5% |
| PALMOIL | 2020-02-03 | [Canola oil demand rising as African swine fever reduces China's soybean crush - RealAgriculture](https://feedsoft.ai/events/54566-canola-oil-demand-rising-as-african-swine-fever-reduces-china-s-soybean-crush.md) | -5.6% | -23.1% |
| SBO | 2019-11-29 | [China soy, palm oil markets surge on swine fever spillover – China Economic Review](https://feedsoft.ai/events/56158-china-soy-palm-oil-markets-surge-on-swine-fever-spillover-china-economic-review.md) | -0.3% | +14.4% |
| SBO | 2026-08-19 | [Seafood Media Group - Worldnews - China Faces a New Surge in Fishmeal Prices as Peru Keeps Anchovy Fisheries Restricted](https://feedsoft.ai/events/17981-seafood-media-group-worldnews-china-faces-a-new-surge-in-fishmeal-prices-as.md) | -4.0% | -0.2% |
| SBO | 2019-11-05 | [China's Cooking Oil Market Boils Amid Pork Shortage, Low Soy Stocks \| ESM Magazine](https://feedsoft.ai/events/56155-china-s-cooking-oil-market-boils-amid-pork-shortage-low-soy-stocks-esm-magazine.md) | -1.4% | -5.9% |
| SBO | 2020-02-03 | [Canola oil demand rising as African swine fever reduces China's soybean crush - RealAgriculture](https://feedsoft.ai/events/54566-canola-oil-demand-rising-as-african-swine-fever-reduces-china-s-soybean-crush.md) | +3.4% | -4.6% |

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/515318

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