# Malaysian palm oil price reverses losses to rise on weaker production outlook | The Star

> Malaysian palm oil futures reversed earlier losses to close higher on Monday, supported by expectations of falling output. Palm was still down nearly 7% for the month amid weak exports and losses in US soyoil. Malaysian output fell 2.1% on the month in May.

- Date: 2018-06-25 · published 2018-06-25T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/64626-malaysian-palm-oil-price-reverses-losses-to-rise-on-weaker-production-outlook
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of lower Malaysian output are supportive for palm prices, but weak export demand from India and China limits the upside. Feed buyers face a market that is firm in the short term but soft overall.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/06/26/palm-reverses-losses-to-rise-on-weaker-production-outlook/

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