The palm oil will be supplied in Malaysia and Indonesia

According to relevant information, the futures prices of palm oil fluctuated fiercely. Its futures prices may recede to 2700 Ringgit/tons.
The Oil World indicated that ultimate output of palm oil increased 3,400,000 tons this year. There were 1,100,000 tons coming from Malaysia. The rest came from Indonesia.
Furthermore, the U.S. Department of Agriculture estimated that the output of palm oil in Indonesia will surpass 2,000,000 tons this year. The output in Malaysia will also break through 18,000,000 tons.
The output of palm oil is increasing in Malaysian and Indonesia. It will create the pressure on price. The Commerzbank predict that the price of palm oil will recede in the second half of the year if the weather is good.