# Malaysian Palm Oil |         Global Oil & Fats Business Online – gofbonline.com

> Malaysia's oil palm acreage grew 1.7 percent to 5.7 million hectares in 2016, but crude palm oil output fell 13.2 percent as El Niño drought hurt yields. Palm oil stocks ended 2016 down 36.7 percent and exports fell 8.2 percent.

- Date: 2017-06-25 · published 2017-06-25T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70588-malaysian-palm-oil-global-oil-and-fats-business-online-gofbonline-com
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

This is a review of 2016 data, so it is background rather than new news; the tight stock position from the El Niño shortfall still supports palm prices against recovering output.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-02-18 | [Malaysian palm oil prices seen steady in 2019 \| FMT](https://feedsoft.ai/events/60459-malaysian-palm-oil-prices-seen-steady-in-2019-fmt.md) | -0.2% | -6.7% |
| PALMOIL | 2020-05-06 | [Malaysian Palm Oil Supply And Demand Outlook For 2020 – MPOC](https://feedsoft.ai/events/11555-malaysian-palm-oil-supply-and-demand-outlook-for-2020-mpoc.md) | +0.4% | +22.2% |
| PALMOIL | 2018-08-28 | [Recent Developments of Malaysian Palm Oil Stock Level – OPIEJ](https://feedsoft.ai/events/63642-recent-developments-of-malaysian-palm-oil-stock-level-opiej.md) | +2.4% | -1.4% |
| PALMOIL | 2022-02-11 | [Global fishmeal production up, fish oil down - Food & Agribusiness](https://feedsoft.ai/events/42778-global-fishmeal-production-up-fish-oil-down-food-and-agribusiness.md) | +1.3% | +17.9% |
| PALMOIL | 2018-05-03 | [Malaysian crude palm oil output likely rose in April \| The Star](https://feedsoft.ai/events/6619-malaysian-crude-palm-oil-output-likely-rose-in-april-the-star.md) | +0.0% | +1.5% |

## Sources

- gofbonline.com: https://gofbonline.com/malaysian-palm-oil/

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