# Palm Oil News - In 2018 The CPO Might be RM 2.500 - RM 2.600/Ton

> Felda Global Ventures CEO Zakaria Arshad forecasts crude palm oil at RM2,500-2,600 per tonne in 2018. He cites rising Malaysian and Indonesian output against stagnant demand, with China's import needs unlikely to grow and India's tariff making palm oil less economical.

- Date: 2018-01-03 · published 2018-01-03T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/8166-palm-oil-news-in-2018-the-cpo-might-be-rm-2-500-rm-2-600-ton
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising production with flat import demand and high stocks in major buyers points to weaker palm oil prices. The forecast suggests limited catalysts for price gains in 2018.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- en.infosawit.com: https://en.infosawit.com/news/6505/in-2018-the-cpo-might-be-rm-2-500---rm-2-600-ton

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