# Palm Oil Price Fell in Q1-2018, Uncertain Impact of Trade War | Indonesia Investments

> Crude palm oil prices fell 3.85% in Q1 2018 to 2,425 ringgit per tonne, driven by rising output in Indonesia and Malaysia, which together account for about 85% of global CPO production. Analysts also cite the EU proposal to ban palm oil in biofuel from 2021 and higher Indian import duties as pressures.

- Date: 2018-04-06 · published 2018-04-06T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/65603-palm-oil-price-fell-in-q1-2018-uncertain-impact-of-trade-war-indonesia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher output and policy headwinds weigh on palm oil prices, though seasonal production easing in April-May and pre-Ramadan demand may offer some support.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/palm-oil-price-fell-in-q1-2018-uncertain-impact-of-trade-war/item8712

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