# Crude Palm Oil (CPO) Industry Indonesia: What about 2017? | Indonesia Investments

> Indonesian industry bodies and analyst Dorab Mistry reviewed the crude palm oil outlook for 2017. El Nino cut Indonesian output from 32.5 million tons in 2015 to a projected 30 million in 2016, and CPO prices recovered from a multi-year low of USD 526 per ton in November 2015 to an expected average of USD 670 in 2016.

- Date: 2016-12-02 · published 2016-12-02T12:00:00.000Z
- Category: weather · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/73371-crude-palm-oil-cpo-industry-indonesia-what-about-2017-indonesia-investments
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weather-driven output losses tightened supply and supported prices through 2016. The expected recovery in 2017 output is the key factor for whether that price support persists.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-04-29 | [Indonesia 2026 crude palm oil output to fall due to El Nino, high fertiliser prices, association says \| The Star](https://feedsoft.ai/events/19818-indonesia-2026-crude-palm-oil-output-to-fall-due-to-el-nino-high-fertiliser.md) | +2.8% | -1.1% |
| PALMOIL | 2026-08-28 | [El Niño to crimp Indonesian palm oil output, producer group says](https://feedsoft.ai/events/18012-el-nino-to-crimp-indonesian-palm-oil-output-producer-group-says.md) | +4.5% | +1.3% |
| PALMOIL | 2024-07-30 | [Indonesia’s tight supply of CPO benefits Malaysia, say industry experts](https://feedsoft.ai/events/15629-indonesia-s-tight-supply-of-cpo-benefits-malaysia-say-industry-experts.md) | +0.8% | +1.6% |
| PALMOIL | 2023-09-29 | [Indonesian Palm Oil Association sees palm oil prices rising in 2024 as El Nino crimps domestic output](https://feedsoft.ai/events/34219-indonesian-palm-oil-association-sees-palm-oil-prices-rising-in-2024-as-el-nino.md) | -4.5% | -3.5% |
| PALMOIL | 2019-08-20 | [Indonesian planters see drought hitting palm oil output](https://feedsoft.ai/events/57678-indonesian-planters-see-drought-hitting-palm-oil-output.md) | +1.6% | +4.4% |

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/crude-palm-oil-cpo-industry-indonesia-what-about-2017/item7400

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