# Bullish outlook for palm oil sector in 2020 | Borneo Post Online

> The Malaysian palm oil industry and the CPOPC forecast 2020 Malaysian output of 19.3 to 19.5 million tonnes, below last year's 20 million. Analysts expect global vegetable oil stocks to deplete from March 2020 and assume a CPO price of RM2,600 to RM2,700 per tonne.

- Date: 2020-01-05 · published 2020-01-05T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/54961-bullish-outlook-for-palm-oil-sector-in-2020-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Flat production and depleting vegetable oil stocks point to firmer palm oil prices through 2020, supporting palm and other vegetable oil values for feed buyers.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- theborneopost.com: https://www.theborneopost.com/2020/01/06/bullish-outlook-for-palm-oil-sector-in-2020/

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