# Palm oil prices fall as production rebounds | Analysis & Features | The Grocer

> Palm oil prices have dropped to about 2,400 ringgit a tonne from 2017 highs of 3,300 as Malaysian and Indonesian production rebounded since October. Rabobank's Stefan Vogel expects global production to reach 70 million tonnes in 2017/18 against demand of about 65 million, but does not see prices falling much further.

- Date: 2018-04-12 · published 2018-04-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/65606-palm-oil-prices-fall-as-production-rebounds-analysis-and-features-the-grocer
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rebounding supply has pushed palm prices lower, though Rabobank expects a floor from demand that is stronger than reported figures suggest.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-04-26 | [Smaller US maize harvest hikes prices \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/10866-smaller-us-maize-harvest-hikes-prices-analysis-and-features-the-grocer.md) | -3.5% | -1.7% |
| PALMOIL | 2017-07-04 | [Analysts expect Malaysian palm oil prices to fall during H2 as production ramps up  : The Daily Digest](https://feedsoft.ai/events/70060-analysts-expect-malaysian-palm-oil-prices-to-fall-during-h2-as-production-ramps.md) | +2.7% | +6.5% |
| PALMOIL | 2025-05-31 | [Palm Oil Prices Imbas Production In Malaysia Increase](https://feedsoft.ai/events/15564-palm-oil-prices-imbas-production-in-malaysia-increase.md) | +2.3% | +3.8% |
| PALMOIL | 2017-03-27 | [Palm oil producers revise up palm oil production, stock data - Business - The Jakarta Post](https://feedsoft.ai/events/72111-palm-oil-producers-revise-up-palm-oil-production-stock-data-business-the.md) | -0.5% | -7.6% |
| PALMOIL | 2017-06-26 | [In 2017 global palm oil production will rise by 7 million tonnes.](https://feedsoft.ai/events/70589-in-2017-global-palm-oil-production-will-rise-by-7-million-tonnes.md) | +0.1% | +3.2% |

## Sources

- thegrocer.co.uk: https://www.thegrocer.co.uk/analysis-and-features/palm-oil-prices-fall-as-production-rebounds/565836.article

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