# Palm oil prices could fall 'even lower', AEP says - even as futures extend surge - Grain Price News

> Anglo-Eastern Plantations said crude palm oil prices are expected to be weak for the rest of 2022, citing seasonal high production in Southeast Asia. The group pointed to Indonesia's extension of its export levy waiver to end-2022, which aims to reduce palm oil stockpiles. Palm futures nonetheless extended a surge to their highest since August.

- Date: 2022-11-02 · published 2022-11-02T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/8075-palm-oil-prices-could-fall-even-lower-aep-says-even-as-futures-extend-surge
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Seasonal output peaks and Indonesian stock reduction through export waivers add supply that may cap palm prices despite near-term rallies tied to rival oils.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/11/02/palm-oil-prices-could-fall-even-lower-aep-says-even-as-futures-extend-surge/

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