# Palm oil price may fall to RM2,100/T, near current low | The Star

> Edible oil analyst Thomas Mielke says Malaysian palm oil could fall to 2,100 ringgit a tonne in the medium term, near its weakest level since 2015. He expects China may import more palm oil if its soybean crushing is curbed by the trade dispute with the US. He also slightly trimmed his output forecasts for Indonesia and Malaysia.

- Date: 2018-07-12 · published 2018-07-12T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/64140-palm-oil-price-may-fall-to-rm2-100-t-near-current-low-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A lower price target reflects weak demand, while possible Chinese palm imports could offer some support if soybean crushing slows.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/07/13/palm-oil-may-fall-to-2100-rgtt-near-current-low/

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