# Palm oil prices may rise more on seasonally slowing output - Nikkei Asia

> Malaysian palm oil stockpiles unexpectedly fell 4.1% in October from September as exports surged. Analysts expect seasonally slower output growth in the coming months, which could tighten supplies further.

- Date: 2019-11-12 · published 2019-11-12T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56152-palm-oil-prices-may-rise-more-on-seasonally-slowing-output-nikkei-asia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Falling inventories and slowing seasonal output support higher palm oil prices, which can lift competing vegetable oils and soybean oil demand, and benefit planters' shares. Higher edible oil prices also raise the cost of oil-based feed ingredients.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/commodities/palm-oil-prices-may-rise-more-on-seasonally-slowing-output

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