# Palm oil producers revise up palm oil production, stock data - Business - The Jakarta Post

> The Indonesian Palm Oil Producers Association (GAPKI) revised its 2016 palm oil production to 35.57 million tons and year-end stocks to 3.57 million tons, up from earlier figures of 34.5 million and 1.07 million. Stocks fell to 2.85 million tons in January as exports rose 2 percent and output dropped 9 percent month on month.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/72111-palm-oil-producers-revise-up-palm-oil-production-stock-data-business-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher revised stock levels and a sharp January output drop give mixed signals, but larger inventories add bearish pressure on palm oil prices over time.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-03 | [Powerful lobby sought to ease Indonesia palm oil exports - Business - The Jakarta Post](https://feedsoft.ai/events/12324-powerful-lobby-sought-to-ease-indonesia-palm-oil-exports-business-the-jakarta.md) | +0.7% | -7.2% |
| PALMOIL | 2017-10-04 | [Malaysia palm oil stocks seen rising to 19-month high - The Business Times](https://feedsoft.ai/events/5638-malaysia-palm-oil-stocks-seen-rising-to-19-month-high-the-business-times.md) | +0.9% | +2.8% |
| PALMOIL | 2021-02-18 | [Malaysia's Sime Darby Plantation eyes palm oil output recovery, high prices - The Business Times](https://feedsoft.ai/events/48726-malaysia-s-sime-darby-plantation-eyes-palm-oil-output-recovery-high-prices-the.md) | -0.4% | +8.5% |
| PALMOIL | 2024-04-24 | [Palm oil production up 2 per cent on previous year - Renewable Carbon News](https://feedsoft.ai/events/30838-palm-oil-production-up-2-per-cent-on-previous-year-renewable-carbon-news.md) | -0.5% | -5.4% |
| PALMOIL | 2017-06-26 | [In 2017 global palm oil production will rise by 7 million tonnes.](https://feedsoft.ai/events/70589-in-2017-global-palm-oil-production-will-rise-by-7-million-tonnes.md) | +0.1% | +3.2% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/news/2017/03/28/palm-oil-producers-revise-up-palm-oil-production-stock-data

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