Palm oil: falling stocks, declining exports, rising production and declining rates The palm oil production in the campaign 2015/16 has been placed back far below average due to the dryness of the El Nino weather event. The 2015 very high at the beginning of the marketing year in Oct end stocks have now fallen to an average size. In conjunction with back rising crude oil prices, palm oil prices are in the early months of the year 2016 at the mark of $700 per t increased. The market and price situation however has been turned againin recent times. Far below average exports and seasonal back increasing production put Palm oil prices under pressure. The increase in production will reach its peak usually Oct 2016. How highly it fails this time, is difficult to predict due to the aftermath of the El Nino weather. It is quite possible that the harvest results of previous years will not be reached. Fallen palm oil exports this year are a result of high prices in comparison to the large and cheap soybean oil competition. The Palmölnotierungen will maintain itself under pressure from rising production and weak export demand, not on the previously high levels. Recent price developments show significantly down. Palm oil is usually regarded as one of the market leaders in the market for vegetable oils. However, this position will be to keep not quite fully, because soybean oil is a relatively low-cost alternative in this year. In any case canola prices are influenced in this country by two oil competitors. Despite the worldwide shortage in the canola sector, the scope of the rare quotes by the upper limit of the courses of the competitors will be limited. Is the basic level orientation provide the crude oil market. According to the estimates of the International Energy Agency, the crude oil prices in the further course of the year, above the 50 should be due to the reductions in stock $ move per barrel mark. This will contribute to a higher price level in the market of oilseeds.
