# Tracking CPO’s slippery slide | Borneo Post Online

> Malaysian palm oil producers face negative sentiment from the US-China trade war, European biofuel policy uncertainty, and elevated oil palm stockpiles. Malaysian palm oil futures edged lower to 1,998 ringgit per tonne on June 21. Analysts note the price cycle is shortening, with the recent recovery from November 2018 to February 2019 lasting only four months.

- Date: 2019-06-22 · published 2019-06-22T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58691-tracking-cpo-s-slippery-slide-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Persistent stock overhang and a narrowing price cycle suggest limited near-term upside for palm oil, keeping vegetable oil feed input costs subdued.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/06/23/tracking-cpos-slippery-slide/

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