Global Palm Oil Market Outlook 2018

来源 :2018(第十五届)国际表面活性剂和洗涤剂会议 | 被引量 : 0次 | 上传用户:intint
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  Global output of palm oil in 2017 displayed a strong recovery following the favourable weather condition post-El Nino phenomena that affected the production in 2016,where total CPO production increased by 14.7%to 67.92 million metric tonnes.Nevertheless,the pace of recovery was not as smooth sailing as what was being thought by many and led to the unexpected bumpy ride for CPO prices in 2017.Anyhow,production of CPO is expected to recover further into 2018 but will not as strong as what was seen in the previous year,with majority of the growth will be coming from Indonesia.With overall global supply of oils & fats growing at a slower pace as compared to 2017,the supply-demand balance of oils & fats will be more or less at the equilibrium and this expect to lead to uptake of the total output as well as some from the stock.Major market issues faced by the palm oil producing and exporting countries may shift the demand of palm oil away from traditional users to new and emerging markets.
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