# Palm oil players see improvement in 2017, despite weak 4Q performance

> Malaysian palm oil plantation firms posted mixed 2017 results, with IOI Corp's net earnings falling while KL Kepong and Genting Plantations rose. Analysts noted weak CPO prices in Q4 2017 and said soybean oil gained demand share. The article also cites an EU plan to phase out palm oil for biofuel use.

- Date: 2018-03-05 · published 2018-03-05T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66116-palm-oil-players-see-improvement-in-2017-despite-weak-4q-performance
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Competition from soybean oil taking demand share and EU phase-out plans pressure palm oil demand, though company earnings are a backward-looking indicator.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2018/03/05/palm-oil-players-see-improvement-2017-despite-weak-4q-performance/

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