# Weaker demand expected for FGV in short to medium term period | Borneo Post Online

> MIDF Research expects weaker demand for FGV Holdings in the short to medium term due to the Covid-19 outbreak and an ongoing trade dispute with India. The research house still sees elevated crude palm oil prices for FY20 and healthy fresh fruit bunch production growth supporting earnings.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/5816-weaker-demand-expected-for-fgv-in-short-to-medium-term-period-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A trade spat with India could divert refined palm oil flows to Indonesia and narrow the price gap between Malaysian and Indonesian palm oil, which weighs on CPO prices. Buyers should expect softer export demand for Malaysian palm products.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-04-15 | [Plantation experts concerned over May exports \| Borneo Post Online](https://feedsoft.ai/events/53508-plantation-experts-concerned-over-may-exports-borneo-post-online.md) | -3.4% | -12.0% |
| PALMOIL | 2017-01-24 | [Us withdrawal from tpp affects palm oil export \| Borneo Post Online](https://feedsoft.ai/events/73075-us-withdrawal-from-tpp-affects-palm-oil-export-borneo-post-online.md) | +0.1% | -5.3% |
| PALMOIL | 2017-04-12 | [China edible oil price slump to hit palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online.md) | -2.5% | +1.6% |
| PALMOIL | 2019-06-20 | [Ringgit to edge higher against dollar in coming months, says economist \| Borneo Post Online](https://feedsoft.ai/events/58860-ringgit-to-edge-higher-against-dollar-in-coming-months-says-economist-borneo.md) | -0.9% | -1.8% |
| PALMOIL | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | -4.5% | -1.8% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2020/03/04/weaker-demand-expected-for-fgv-in-short-to-medium-term-period/

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