# Palm oil leads historic vegoil rally as demand outpaces supply | The Star

> Global vegetable oil supplies have tightened over the last couple of years, and palm oil has seen the largest price impact. Palm output is expected to rebound in 2022, but prices are forecast to stay elevated as demand grows.

- Date: 2022-02-01 · published 2022-02-01T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8089-palm-oil-leads-historic-vegoil-rally-as-demand-outpaces-supply-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Persistent demand growth outpacing supply supports elevated vegoil prices, which feeds into higher costs for oil-based feed ingredients. Expected production recovery limits upside but not the price floor.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2022/02/02/palm-oil-leads-historic-vegoil-rally-as-demand-outpaces-supply

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