# Palm oil export growth, higher CPO prices, rising global demand bode well for Boustead Plantations | Malay Mail

> Boustead Plantations' annual report says Malaysian palm oil exports are set to grow 5 to 8 percent in 2017, with CPO prices expected to stay high in the first quarter. The company expects a rebound in output in the second half of 2017 as El Niño effects fade, with CPO trading around RM2,700 a tonne.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/72115-palm-oil-export-growth-higher-cpo-prices-rising-global-demand-bode-well-for
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected output recovery in the second half points to softer palm oil prices later in 2017, though firm early-year prices and export growth provide near-term support.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-04-14 | [Palm unchanged on anticipation of higher production and exports - Markets - Business Recorder](https://feedsoft.ai/events/47469-palm-unchanged-on-anticipation-of-higher-production-and-exports-markets.md) | +3.9% | +15.3% |
| PALMOIL | 2025-06-25 | [Palm Oil Magazine - Palm Oil Export Levies Hit Rp28 Trillion, Paving the Way for Sustainable Smallholder Empowerment - Palm Oil Magazine](https://feedsoft.ai/events/15557-palm-oil-magazine-palm-oil-export-levies-hit-rp28-trillion-paving-the-way-for.md) | +1.1% | +5.9% |
| PALMOIL | 2018-09-25 | [Deforestation-linked palm oil still finding its way into top consumer brands: report](https://feedsoft.ai/events/62903-deforestation-linked-palm-oil-still-finding-its-way-into-top-consumer-brands.md) | -2.4% | -0.0% |
| PALMOIL | 2017-06-25 | [Malaysian Palm Oil \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/70588-malaysian-palm-oil-global-oil-and-fats-business-online-gofbonline-com.md) | +0.1% | +3.2% |
| PALMOIL | 2019-02-18 | [Malaysian palm oil prices seen steady in 2019 \| FMT](https://feedsoft.ai/events/60459-malaysian-palm-oil-prices-seen-steady-in-2019-fmt.md) | -0.2% | -6.7% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2017/03/27/palm-oil-export-growth-higher-cpo-prices-rising-global-demand-bode-well-for/1343723

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