# RAM Ratings reiterates expectations of softer CPO prices

> RAM Ratings expects CPO prices to soften to RM2,300-2,500 per tonne in 2018, down from RM2,783 in 2017. Malaysian output rose 15% and Indonesian output 17% in 2017, and both countries hold high inventories. Malaysia's export tax suspension is expected to lift exports in the interim.

- Date: 2018-02-12 · published 2018-02-12T12:00:00.000Z
- Category: report · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/66370-ram-ratings-reiterates-expectations-of-softer-cpo-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A forecast of rising production outpacing demand and high stocks points to bearish pressure on palm oil prices through 2018.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-01-02 | [Fitch Expects CPO Prices to Weaken in 2025 Amid Improved Yield, Higher Soybean Output - MPOC](https://feedsoft.ai/events/5049-fitch-expects-cpo-prices-to-weaken-in-2025-amid-improved-yield-higher-soybean.md) | -10.6% | -10.3% |
| 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 | 2022-06-10 | [Malaysia's palm oil stocks above expectations on higher-than-projected output in May \| S&P Global](https://feedsoft.ai/events/15815-malaysia-s-palm-oil-stocks-above-expectations-on-higher-than-projected-output.md) | -6.3% | -32.4% |
| PALMOIL | 2022-06-22 | [Accelerating harvesting in the United States and raising harvest forecasts for Russia are lowering wheat prices 22.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/12702-accelerating-harvesting-in-the-united-states-and-raising-harvest-forecasts-for.md) | -0.9% | -29.2% |
| PALMOIL | 2021-02-18 | [Malaysia's Sime Darby Plantation eyes palm oil output recovery, high prices - The Business Times](https://feedsoft.ai/events/48726-malaysia-s-sime-darby-plantation-eyes-palm-oil-output-recovery-high-prices-the.md) | -0.4% | +8.5% |

## Sources

- ram.com.my: https://www.ram.com.my/pressrelease/?prviewid=4525

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