Key Factors To Watch Palm Oil Market in 2022

Factors That Effect Market Are As Under:
1.Production
2.Weather
3. Worker’s shortage problem – SUPPLY
4. Fertilizer cost – SUPPLY
5. Palm discount to bean oil – DEMAND
6. Trade policies – Indonesia and India – DEMAND
7. Biodiesel – DEMAND
8. Sustainability and de-carbon agenda – DEMAND
Price Outlook For Feb – March 2022:
• CPO futures active month to trend RM4800–5100 up to February 2022
• To trade lower from March 2022 to RM4700-4500
• Lower again from May 2022 heading to RM 4200-3800
• RBD palm olein FOB Malaysia offers at US$990-1100/ton in March 2022 from current US$1325/ton
• Palm olein discount to bean to move above US$100 from March 2022
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