# M'sian palm oil stocks at end 2018 seen at 3.3mil tonnes; Indonesian 2018 palm output at 40mil tonnes | The Star

> Analyst Dorab Mistry raised his 2018 Indonesian palm oil output forecast to 40 million tonnes from 38.5 million, citing faster plantation expansion. He expects Malaysian end-2018 stocks to reach 3.0-3.3 million tonnes and Indonesian stocks to keep rising from near 5 million tonnes.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/7622-m-sian-palm-oil-stocks-at-end-2018-seen-at-3-3mil-tonnes-indonesian-2018-palm
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher output and heavy year-end stocks add supply pressure, and prices would need to fall toward about 2,100 ringgit to regain competitiveness.

## Read by commodity

- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2018-10-01 | 1 | -2.5% | -4.2 | Dorab Mistry's higher Indonesian output forecast and expected rise in Malaysian stocks, published just before the move, feed bearish supply sentiment that could carry into the next session. |
| PALMOIL | 2018-09-30 | 1 | -2.5% | -5.1 | Mistry's higher Indonesian output forecast and rising Malaysian and Indonesian stock expectations reinforce the bearish supply outlook. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-25 | [Indonesia`s Palm Oil Exports Dropped in Q1 2018 - The Insiders Stories](https://feedsoft.ai/events/64892-indonesia-s-palm-oil-exports-dropped-in-q1-2018-the-insiders-stories.md) | -0.1% | -5.1% |
| PALMOIL | 2019-04-29 | [Malaysian palm oil output likely to be higher in 2019  - The HinduBusinessLine](https://feedsoft.ai/events/6147-malaysian-palm-oil-output-likely-to-be-higher-in-2019-the-hindubusinessline.md) | -7.8% | -7.9% |
| PALMOIL | 2022-03-24 | [Indonesian palm oil output, exports to hit record high in 2022-23 - Grain Price News](https://feedsoft.ai/events/15835-indonesian-palm-oil-output-exports-to-hit-record-high-in-2022-23-grain-price.md) | -0.9% | -4.0% |
| PALMOIL | 2026-10-05 | [Malaysian palm oil stockpiles hit record amid output surge \| The Straits Times](https://feedsoft.ai/events/17177-malaysian-palm-oil-stockpiles-hit-record-amid-output-surge-the-straits-times.md) | +1.3% | +2.1% |
| 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% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/09/29/indonesian-2018-palm-output-forecast-at-40-mln-t/

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