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Rabobank's June 6 report expects global palm oil prices to turn bullish after 2021. It projects lower output from Indonesia and Malaysia between 2022 and 2025, due to ageing plantations, limited land and weak replanting.
The report covers the long term rather than near-term supply.
Projected production declines after 2021 could support palm prices over the long run. Near-term prices are unaffected by this outlook, so the impact on current feed costs is limited.
thestar.com.myThe Star OnlineJun 10, 2018After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
