# Edible oils like Palm weaker on low demand but dry conditions could see turn around - TM Duché & Sons Ltd

> Palm oil prices fell during the week on weaker soyoil prices and higher-than-expected Malaysian February crop data. Coconut oil remains weak, while drier weather in Asia could tighten supply in the second half of the year.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/60691-edible-oils-like-palm-weaker-on-low-demand-but-dry-conditions-could-see-turn
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Bearish near-term demand and output data weigh on palm prices, but forecast dry weather in Asia could offset this later in 2019.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- tmduche.com: https://www.tmduche.com/markets/edible-oils-like-palm-weaker-low-demand-dry-conditions-see-turn-around/

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