# In 2017 global palm oil production will rise by 7 million tonnes.

> Oil World estimates global palm oil output will rise 7.1 million tonnes in 2017 to 66 million tonnes, with Indonesia at 35.6 million tonnes and Malaysia at 20 million tonnes. Global exports for January to September 2017 are seen exceeding expectations by 2.9 million tonnes.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/70589-in-2017-global-palm-oil-production-will-rise-by-7-million-tonnes
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A larger-than-expected production increase and strong exports point to ample palm oil supply, which is bearish for palm prices and supportive of demand for competing vegetable oils to a lesser degree.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-05-31 | [Palm Oil Prices Imbas Production In Malaysia Increase](https://feedsoft.ai/events/15564-palm-oil-prices-imbas-production-in-malaysia-increase.md) | +2.3% | +3.8% |
| PALMOIL | 2025-11-17 | [Malaysia’s Palm Oil Output Likely to Surpass 20 Million Tonnes For First Time in 2025 - MPOC](https://feedsoft.ai/events/22051-malaysia-s-palm-oil-output-likely-to-surpass-20-million-tonnes-for-first-time.md) | -0.6% | -0.9% |
| PALMOIL | 2026-01-06 | [Palm oil prices to weaken in 2026, biofuel policy clarity crucial: survey \| S&P Global](https://feedsoft.ai/events/21159-palm-oil-prices-to-weaken-in-2026-biofuel-policy-clarity-crucial-survey-s-and-p.md) | +1.4% | +8.0% |
| PALMOIL | 2017-03-27 | [Palm oil producers revise up palm oil production, stock data - Business - The Jakarta Post](https://feedsoft.ai/events/72111-palm-oil-producers-revise-up-palm-oil-production-stock-data-business-the.md) | -0.5% | -7.6% |
| PALMOIL | 2018-04-12 | [Palm oil prices fall as production rebounds \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/65606-palm-oil-prices-fall-as-production-rebounds-analysis-and-features-the-grocer.md) | -0.9% | -4.6% |
| SBO | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +1.4% | +3.0% |
| SBO | 2020-04-30 | [US biodiesel production falls by 2 million gallons in February](https://feedsoft.ai/events/53734-us-biodiesel-production-falls-by-2-million-gallons-in-february.md) | -1.0% | +6.2% |
| SBO | 2026-05-14 | [USDA forecasts sharp growth in global oilseed production in MY 2026/27 - AgriInsite](https://feedsoft.ai/events/19371-usda-forecasts-sharp-growth-in-global-oilseed-production-in-my-2026-27.md) | +0.7% | -1.0% |

## Sources

- grainsprices.com: https://grainsprices.com/article/12773

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