# Week 20: overview of the veg-oil market | Greenea

> Indonesian crude palm oil output reached 2.9 million tons in April, up 27% year on year but down 5% from March, and domestic stocks fell to 1.31 million tonnes from 2.3 million. Malaysian exports rose about 9% in the first half of May, and CPO prices in Rotterdam rose about 5.5% since early May. CONAB projects Brazil's soybean crop at 113 million tons, up 18.4%.

- Date: 2017-05-23 · published 2017-05-23T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/71093-week-20-overview-of-the-veg-oil-market-greenea
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter Indonesian palm oil stocks and firmer export demand support palm oil prices, while a larger Brazilian soybean crop points to ample soymeal supply later in the year.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-11-29 | [Week 45: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea.md) | +5.3% | +4.6% |
| PALMOIL | 2023-04-04 | [IFFO’s analysis on marine ingredient market trends (March 2023) \| IFFO - The Marine Ingredients Organisation](https://feedsoft.ai/events/36295-iffo-s-analysis-on-marine-ingredient-market-trends-march-2023-iffo-the-marine.md) | -0.5% | -12.2% |
| PALMOIL | 2024-10-23 | [Market Report OCTOBER 2024 – Lipsa](https://feedsoft.ai/events/27983-market-report-october-2024-lipsa.md) | +0.9% | +11.2% |
| PALMOIL | 2026-06-19 | [Soybean meal and oil: global demand sustains market, but excess supply pressures prices in the second half of the year](https://feedsoft.ai/events/18880-soybean-meal-and-oil-global-demand-sustains-market-but-excess-supply-pressures.md) | -0.0% | +0.3% |
| PALMOIL | 2026-06-29 | [Market Update for Rapeseed & Canola 29th of June 2026](https://feedsoft.ai/events/18910-market-update-for-rapeseed-and-canola-29th-of-june-2026.md) | -0.5% | +0.6% |
| SBM | 2016-11-29 | [Week 45: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea.md) | -2.5% | -2.5% |
| SBM | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -3.5% | -4.6% |
| SBM | 2018-10-12 | [Grain markets continue to test our patience — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/62582-grain-markets-continue-to-test-our-patience-this-week-in-the-grain-markets.md) | +1.1% | -2.1% |

## Sources

- greenea.com: http://www.greenea.com/en/publication/week-20-overview-of-the-veg-oil-market/
- greenea.com: http://www.greenea.com/publication/week-20-overview-of-the-veg-oil-market/

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