# CPO prices likely to fall to about RM2,250 per tonne by year-end | Borneo Post Online

> LMC International chairman James Fry forecasts crude palm oil prices could fall to about RM2,250 per tonne by year-end as Malaysian production recovers after El Niño. He projects 2017 Malaysian output at 22.5 million tonnes, up more than 5 million from 2016. He also cites good rapeseed, soybean and sunflower oil supplies and weaker EU demand after the European Parliament's sustainability resolution.

- Date: 2017-04-06 · published 2017-04-06T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/71604-cpo-prices-likely-to-fall-to-about-rm2-250-per-tonne-by-year-end-borneo-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A forecast production rebound and rising stocks point to lower palm oil prices, which lowers the cost of palm-based feed ingredients over the coming months.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/04/07/cpo-prices-likely-to-fall-to-about-rm2250-per-tonne-by-year-end/

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