# Palm oil ends at over 4-month low on weaker soyoil, sliding demand - Markets - Business Recorder

> Malaysian palm oil futures for August delivery fell 7.8% to 3,378 ringgit a tonne, their lowest since February 5, extending losses to a sixth session. Indonesian exports fell more than 18% in April from the prior month, and CBOT soyoil dropped 3.4% to its lowest in nearly four months. Washington was also reported to be considering relief for refiners from biofuel blending mandates.

- Date: 2021-06-14 · published 2021-06-14T12:00:00.000Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/10806-palm-oil-ends-at-over-4-month-low-on-weaker-soyoil-sliding-demand-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weaker Indonesian export flows reduce near-term palm demand, and the possibility of lower US biofuel blending mandates reduces soyoil demand. Both point to lower vegetable oil prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-14 | 5 | -11.7% | -3.3 | On June 14 palm fell 7.8% to a 4-month low on weaker soyoil, sliding demand and reported US biofuel mandate relief, directly driving the 5-day decline. |
| SBO | 2021-06-16 | 5 | -11.4% | -4.5 | CBOT soyoil fell to a near four-month low alongside palm on June 14, showing cross-market vegetable oil selling and biofuel mandate relief fears. |
| PALMOIL | 2021-06-13 | 5 | -10.6% | -3.6 | The 7.8% drop to a 4-month low on weaker soyoil and sliding demand is dated June 14, just after the window ends, but it reflects the same selloff and shows its drivers (soyoil, biofuel relief talk). |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +1.4% | +6.9% |
| PALMOIL | 2020-08-25 | [Palm ends at 4-week low on soft August export data, firmer ringgit - Markets - Business Recorder](https://feedsoft.ai/events/51733-palm-ends-at-4-week-low-on-soft-august-export-data-firmer-ringgit-markets.md) | +0.1% | +8.9% |
| PALMOIL | 2025-01-06 | [Palm slips on poor demand from India - Markets - Business Recorder](https://feedsoft.ai/events/6539-palm-slips-on-poor-demand-from-india-markets-business-recorder.md) | +0.3% | +0.2% |
| PALMOIL | 2025-04-08 | [Malaysian palm oil extends losses - Markets - Business Recorder](https://feedsoft.ai/events/9625-malaysian-palm-oil-extends-losses-markets-business-recorder.md) | +0.7% | -4.1% |
| PALMOIL | 2023-05-31 | [Palm falls to new low on weaker rival oils, negative export data - Markets - Business Recorder](https://feedsoft.ai/events/7319-palm-falls-to-new-low-on-weaker-rival-oils-negative-export-data-markets.md) | -7.4% | -2.2% |
| SBO | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +0.7% | -3.5% |
| SBO | 2025-04-08 | [Malaysian palm oil extends losses - Markets - Business Recorder](https://feedsoft.ai/events/9625-malaysian-palm-oil-extends-losses-markets-business-recorder.md) | +2.0% | +5.2% |
| SBO | 2023-05-31 | [Palm falls to new low on weaker rival oils, negative export data - Markets - Business Recorder](https://feedsoft.ai/events/7319-palm-falls-to-new-low-on-weaker-rival-oils-negative-export-data-markets.md) | +5.2% | +22.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40099988

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.