# CPO prices to move between RM2,450 and RM2,500 per tonne in 2018 | Borneo Post Online

> Phillip Futures analyst David Ng expects Bursa Malaysia CPO prices to trade between RM2,450 and RM2,500 per tonne in 2018, weaker in the second half as production recovers. He noted Argentine drought as a potential upside for palm via soyoil and a strengthening ringgit as a factor.

- Date: 2018-03-26 · published 2018-03-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66112-cpo-prices-to-move-between-rm2-450-and-rm2-500-per-tonne-in-2018-borneo-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A forecast of second-half weakness on production recovery is a bearish signal for palm oil prices, partly offset by soyoil support from Argentina's drought.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- theborneopost.com: https://www.theborneopost.com/2018/03/27/cpo-prices-to-move-between-rm2450-and-rm2500-per-tonne-in-2018/

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