InfoSAWIT, SINGAPORE – As one commodity used in the world, palm oil plays vital roles in many industries, such as, food to energy sectors. But its up and down price would be the challenge for every stakeholder and investor. To solve it, it needs to understand about crude palm oil (CPO) prediction technic to get the right decision in this business. Let us explore more.

As InfoSAWIT quoted from Palm Oil Analytic, before knowing prediction technic, it is important to know the factors that influence CPO price, such as, supply and demand

Just like many commodities, CPO price has something to do with the dynamic of supply and demand. “The production and consumption changes, the factors, such as, productivity, and consumers’ changing preferences, would trigger to influence its price,” Palm Oil Analytic noted, Monday (15/4/2025).

It needs to keep in mind that CPO production depends on climate condition. Any issue, such as, flood, drought, extreme weather and others would disturb CPO production, supply and its price.

It needs to notice the government’s policy, such as, export tariff, biofuel regulation, trade policy, that significantly have impacts to CPO price. The policy change would make uncertainty and market intervene.

As one commodity trade in international level, CPO price has something to do with economic factors globally, such as, the currency, economic progress, and trade agreement.

“Paying attention and understanding these factors would be the keys to develop accurate CPO price prediction,” Palm Oil Analytic noted. (T2)