# Palm oil production to rise in Indonesia | Borneo Post Online

> Indonesia's palm oil output is expected to rebound in 2017 from a weak 2016, with projections of 33 to 35 million tonnes of crude palm oil. Better weather and expanded acreage are behind the forecast, though residual drought from El Niño persists in some areas.

- Date: 2017-06-03 · published 2017-06-03T12:00:00.000Z
- Category: weather · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/70368-palm-oil-production-to-rise-in-indonesia-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A larger Indonesian crop would add supply to the world's largest palm oil exporter and put downward pressure on palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-05-21 | [Palm oil production to rise in Indonesia - Oxford Business Group](https://feedsoft.ai/events/71097-palm-oil-production-to-rise-in-indonesia-oxford-business-group.md) | -0.3% | -3.9% |
| PALMOIL | 2020-07-31 | [Peninsular Malaysia, Sabah lead CPO production growth \| Borneo Post Online](https://feedsoft.ai/events/6796-peninsular-malaysia-sabah-lead-cpo-production-growth-borneo-post-online.md) | +10.1% | +8.5% |
| PALMOIL | 2017-03-09 | [Global palm oil output likely to increase by six mln tonnes — Expert \| Borneo Post Online](https://feedsoft.ai/events/72113-global-palm-oil-output-likely-to-increase-by-six-mln-tonnes-expert-borneo-post.md) | -1.8% | -5.3% |
| 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 | 2018-01-09 | [Cpo prices expected to decline on mounting supply \| Borneo Post Online](https://feedsoft.ai/events/67073-cpo-prices-expected-to-decline-on-mounting-supply-borneo-post-online.md) | -2.2% | -3.5% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/06/04/palm-oil-production-to-rise-in-indonesia/

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