# Industry Review: Palm Oil Price and Output Expected to Pick Up in 2018 - The Insiders Stories

> Indonesian industry analysts project crude palm oil prices to strengthen in early 2018 on La Niña impacts and rising demand from major importers. The Indonesian Palm Oil Association forecasts Indonesian output rising to 38.5 million tons in 2018 from 36.5 million this year.

- Date: 2017-12-06 · published 2017-12-06T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/67569-industry-review-palm-oil-price-and-output-expected-to-pick-up-in-2018-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A forecast 2 million ton output increase partly offsets bullish weather and demand arguments, so the net price effect depends on whether La Niña disrupts harvests.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-01-10 | [Malaysia end-Dec palm oil stocks smaller than expected as output plummets \| Reuters](https://feedsoft.ai/events/43230-malaysia-end-dec-palm-oil-stocks-smaller-than-expected-as-output-plummets.md) | +2.5% | +12.4% |
| PALMOIL | 2025-08-27 | [KLK posts 44% jump in 3Q profit, expects palm oil prices to stay volatile \| The Star](https://feedsoft.ai/events/23428-klk-posts-44-jump-in-3q-profit-expects-palm-oil-prices-to-stay-volatile-the-star.md) | +1.1% | +0.8% |
| PALMOIL | 2019-11-07 | [Total palm oil output of Indonesia, Malaysia seen flat in 2020 - analyst Mistry](https://feedsoft.ai/events/55947-total-palm-oil-output-of-indonesia-malaysia-seen-flat-in-2020-analyst-mistry.md) | +0.6% | +9.2% |
| PALMOIL | 2024-04-29 | [World Bank Predicts Palm Oil Prices to Strengthen in 2024](https://feedsoft.ai/events/30835-world-bank-predicts-palm-oil-prices-to-strengthen-in-2024.md) | -6.1% | -5.0% |
| PALMOIL | 2019-11-01 | [Malaysian palm oil production to drop slightly in 2020, pushing the price upward, says expert \| Malay Mail](https://feedsoft.ai/events/4290-malaysian-palm-oil-production-to-drop-slightly-in-2020-pushing-the-price-upward.md) | +12.8% | +16.7% |

## Sources

- theinsiderstories.com: https://theinsiderstories.com/industry-review-palm-oil-price-and-output-expected-to-pick-up-in-2018/

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