# Palm oil analyst raises 2019 Malaysia output forecast to 20m tonnes | The Star

> Analyst Dorab Mistry raised his 2019 Malaysian palm oil output forecast to 20 million tonnes from 19.5 million, citing record monthly output from January to March. He warned that ageing trees would limit production later in 2019 and that inventories in Indonesia and Malaysia are expected to fall to 6 million tonnes.

- Date: 2019-04-29 · published 2019-04-29T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59678-palm-oil-analyst-raises-2019-malaysia-output-forecast-to-20m-tonnes-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A larger expected Malaysian crop adds supply, but falling combined inventories and ageing-tree constraints later in the year offset that, so the net price effect is mixed to mildly supportive.

## Read by commodity

- PALMOIL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2019-04-30 | 1 | -3.7% | -5.6 | Mistry's upgrade of 2019 Malaysian output to 20 million tonnes, citing record Q1 production, is the bearish supply catalyst, though the same note flagged ageing trees and falling inventories. |
| PALMOIL | 2019-05-05 | 5 | -9.0% | -4.8 | Raised 2019 Malaysian output forecast to 20 million tonnes on record Q1 output signals more supply and bearish sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-03 | [Malaysian crude palm oil output likely rose in April \| The Star](https://feedsoft.ai/events/6619-malaysian-crude-palm-oil-output-likely-rose-in-april-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2019-02-18 | [Malaysian palm oil prices seen steady in 2019 \| FMT](https://feedsoft.ai/events/60459-malaysian-palm-oil-prices-seen-steady-in-2019-fmt.md) | -0.2% | -6.7% |
| PALMOIL | 2020-05-06 | [Malaysian Palm Oil Supply And Demand Outlook For 2020 – MPOC](https://feedsoft.ai/events/11555-malaysian-palm-oil-supply-and-demand-outlook-for-2020-mpoc.md) | +0.4% | +22.2% |
| PALMOIL | 2026-07-22 | [Malaysia's Palm Oil Forecast Holds Steady as Indonesia Biodiesel Push Lifts Market](https://feedsoft.ai/events/15457-malaysia-s-palm-oil-forecast-holds-steady-as-indonesia-biodiesel-push-lifts.md) | +0.4% | +4.4% |
| PALMOIL | 2018-06-10 | [Rabobank: Global palm oil prices likely to be bullish after 2021 \| The Star](https://feedsoft.ai/events/64637-rabobank-global-palm-oil-prices-likely-to-be-bullish-after-2021-the-star.md) | -1.1% | -5.6% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/04/30/palm-oil-analyst-raises-2019-malaysia-output-forecast-to-20mil-tonnes/

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