# Regional Plantations - Maybank Kim Eng 2019-01-11: Brighter Months Ahead | SG Investors.io

> Maybank Kim Eng says Malaysia's palm oil stockpile hit a record 3.22m tonnes in December 2018, slightly above estimates. It expects stockpiles to have peaked, and CPO spot prices have recovered above MYR2,000 per tonne. India's recent palm oil import duty cut is seen as a demand booster for 2019.

- Date: 2019-01-11 · published 2019-01-11T12:00:00.000Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/60984-regional-plantations-maybank-kim-eng-2019-01-11-brighter-months-ahead-sg
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Peaking inventories and India's duty cut point to firmer palm oil prices into the seasonally low output period. Strong early-January export shipments support the bullish outlook.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-01-03 | [Plantation – Regional - UOB Kay Hian 2019-01-03: Going Through A Slow Recovery \| SG Investors.io](https://feedsoft.ai/events/5587-plantation-regional-uob-kay-hian-2019-01-03-going-through-a-slow-recovery-sg.md) | +1.1% | +2.9% |
| PALMOIL | 2021-01-11 | [Regional Plantation Companies - DBS Research 2021-01-11: Starting 2021 With Low Stock Level \| SG Investors.io](https://feedsoft.ai/events/49043-regional-plantation-companies-dbs-research-2021-01-11-starting-2021-with-low.md) | -6.2% | -12.3% |
| PALMOIL | 2020-09-13 | [Regional Plantation Companies - DBS Research 2020-09-13: Supply-Driven Price Buoyancy \| SG Investors.io](https://feedsoft.ai/events/51010-regional-plantation-companies-dbs-research-2020-09-13-supply-driven-price.md) | +5.7% | +2.2% |
| PALMOIL | 2017-03-02 | [Palm Oil Export From Key Exporters Reduced By 4.6 Mln Tons In 2016](https://feedsoft.ai/events/71881-palm-oil-export-from-key-exporters-reduced-by-4-6-mln-tons-in-2016.md) | +1.3% | -1.3% |
| PALMOIL | 2021-03-25 | [Indonesia’s end-2021 palm oil stocks seen plunging - Markets - Business Recorder](https://feedsoft.ai/events/47981-indonesia-s-end-2021-palm-oil-stocks-seen-plunging-markets-business-recorder.md) | -1.3% | -1.8% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2019/01/regional-plantations-maybank-kim-eng-research-2019-01-11.html

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