Industry players at the Palm and Lauric Oils Conference 2024 voiced concern over limited supply growth from Indonesia and Malaysia, with many speakers expecting crude palm oil to break above RM4,000 per ton near term. Most experts expected prices to trade lower in the second half of 2024, while local planters guided to double-digit production growth.
The EU Deforestation Regulation was highlighted as a key demand factor.
Limited supply growth and EUDR compliance costs support palm prices, though expected second-half softening and planter output growth cap the upside.
Na 548 eerdere opwaarts beleid-gebeurtenissen bewoog Palmolie zich mediaan +0,4% over 5 sessies (61% hoger; middelste helft -0,7% tot +2,1%), en +0,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.