# Bumper crops weighing on palm oil prices in Southeast Asia - Nikkei Asia

> Palm oil producers in Malaysia, Indonesia and Singapore have seen their share prices fall as palm oil prices sag under the weight of bumper crops. Analysts expect the stocks to stay sluggish.

- Date: 2017-08-16 · published 2017-08-16T12:00:00.000Z
- Category: weather · region Southeast Asia · magnitude low
- Page: https://feedsoft.ai/events/69557-bumper-crops-weighing-on-palm-oil-prices-in-southeast-asia-nikkei-asia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Larger harvests increase palm oil supply, which pressures prices and the earnings outlook for producers.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-12-29 | [Palm oil meeting in Bali to focus on weather \| The ASEAN Post](https://feedsoft.ai/events/73573-palm-oil-meeting-in-bali-to-focus-on-weather-the-asean-post.md) | -1.2% | -0.1% |
| PALMOIL | 2024-07-31 | [Falling soybean oil prices weigh on other vegetable oil markets](https://feedsoft.ai/events/29357-falling-soybean-oil-prices-weigh-on-other-vegetable-oil-markets.md) | -1.9% | +1.5% |
| PALMOIL | 2017-03-09 | [Palm Oil Prices to Drop as Production Rebounds, Demand Slows](https://feedsoft.ai/events/72110-palm-oil-prices-to-drop-as-production-rebounds-demand-slows.md) | -1.8% | -5.3% |
| PALMOIL | 2017-11-01 | [Weather a key issue as palm oil industry gathers in Bali \| FMT](https://feedsoft.ai/events/68091-weather-a-key-issue-as-palm-oil-industry-gathers-in-bali-fmt.md) | +1.5% | -0.3% |
| PALMOIL | 2017-06-03 | [Palm oil production to rise in Indonesia \| Borneo Post Online](https://feedsoft.ai/events/70368-palm-oil-production-to-rise-in-indonesia-borneo-post-online.md) | -1.0% | -1.1% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/commodities/bumper-crops-weighing-on-palm-oil-prices-in-southeast-asia

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