Palm oil prices have responded to the declines in production that started from November 2015 and from March onwards the market has been fully seized of the downturn in production. Paradoxically, it can be said that production bottomed out in mid-March and from that point has been gradually improving. This gradual but consistent improvement has been observed mainly in Malaysia where information is much more transparent and freely available. For this we must always thank the MPOB for its surveys and its timely release of statistics.