# Palm oil prices likely to rise in 2019 as output slows - Nikkei Asia

> Palm oil prices are expected to edge higher in 2019 as production slows, according to top industry analysts. Malaysia and Indonesia are rolling out steps to boost local demand and reduce record global stockpiles. Crude palm oil prices fell sharply over the past two years on weak demand.

- Date: 2019-03-06 · published 2019-03-06T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/60201-palm-oil-prices-likely-to-rise-in-2019-as-output-slows-nikkei-asia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Slowing output from aging trees and stronger domestic biodiesel use could tighten the palm oil balance and support prices. Buyers of palm-based feed ingredients should expect firmer costs if inventories drain.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/nikkei-markets/palm-oil-prices-likely-to-rise-in-2019-as-output-slows

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