# PLANTATION SECTOR - Is CPO Price Recovery Sustainable? | I3investor

> Malaysian Derivatives Exchange CPO prices rose above RM2,400 a tonne in late October and closed at RM2,422 on Friday. Spot prices climbed about 15% in roughly two weeks, to RM2,444 a tonne. The analyst note questions whether the rise is sustainable given its speed, though seasonally higher 4Q and 1Q prices are expected.

- Date: 2019-11-04 · published 2019-11-04T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/5452-plantation-sector-is-cpo-price-recovery-sustainable-i3investor
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A rapid rally in CPO prices lifts feedstock costs for vegetable oil and biodiesel users, and the seasonal low-production period suggests firmness may persist. Analysts' higher price assumptions for 2020 point to continued support for palm oil.

## Read by commodity

- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2019-11-06 | 5 | +14.0% | 5.9 | Documents the roughly 15% spot price surge over two weeks and seasonal support for higher prices. |

## Sources

- klse.i3investor.com: https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2019-11-04-story233428-PLANTATION_SECTOR_Is_CPO_Price_Recovery_Sustainable

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