# Bounce in Palm oil due to lower crops could continue - TM Duché & Sons Ltd

> Palm oil prices rose slightly after April crop data showed output below expectations and stocks falling at the end of April. Soybean oil gains in the US and South America may limit palm upside, though June and July are reported nearly sold out.

- Date: 2017-05-12 · published 2017-05-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71099-bounce-in-palm-oil-due-to-lower-crops-could-continue-tm-duche-and-sons-ltd
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter palm stocks and Ramadan-related production slowdowns support prices, while strong soy complex supply caps gains.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bullish ▲

## Sources

- tmduche.com: https://www.tmduche.com/markets/bounce-palm-oil-due-lower-crops-continue/

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