# The rise of CPO

> Crude palm oil prices rose to a five-month high of RM2,094 after hitting a three-year low in November. Analysts expect further gains into the second quarter, helped by seasonal output declines and rising exports to India and China.

- Date: 2019-01-28 · published 2019-01-28T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/6964-the-rise-of-cpo
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Seasonal lows in first-half output and stronger Indian and Chinese buying tighten available supply, which supports palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2019/01/28/the-rise-of-cpo/

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