# Malaysian palm oil prices seen steady in 2019 | FMT

> The Malaysian Palm Oil Council forecasts Malaysian palm oil prices to average about RM2,303 a tonne in 2019, roughly steady. It expects global output to rise by 3 million tonnes to 72 million, with Malaysia at 20.2 million tonnes and Indonesia at 42.8 million tonnes.

- Date: 2019-02-18 · published 2019-02-18T12:00:00.000Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/60459-malaysian-palm-oil-prices-seen-steady-in-2019-fmt
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising output from Malaysia and Indonesia, plus a possible El Nino curbing yields, sets the supply balance that caps palm price gains. Buyers of palm-based feed ingredients should expect limited upside.

## Read by commodity

- PALMOIL: neutral

## 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 | 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 | 2019-04-29 | [Palm oil analyst raises 2019 Malaysia output forecast to 20m tonnes \| The Star](https://feedsoft.ai/events/59678-palm-oil-analyst-raises-2019-malaysia-output-forecast-to-20m-tonnes-the-star.md) | -7.8% | -7.9% |
| 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 | 2018-08-28 | [Recent Developments of Malaysian Palm Oil Stock Level – OPIEJ](https://feedsoft.ai/events/63642-recent-developments-of-malaysian-palm-oil-stock-level-opiej.md) | +2.4% | -1.4% |

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2019/02/18/malaysian-palm-oil-prices-seen-steady-in-2019

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