# Week 45: Overview of the world veg-oil market | Greenea

> Crude palm oil recovered to 765 dollars per ton CIF Rotterdam after an early-November fall. Malaysia is expected to raise its biodiesel blend from B7 to B10 around December, and USDA raised the US 2016/17 soybean crop forecast while trimming crush.

- Date: 2016-11-29 · published 2016-11-29T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher Malaysian biodiesel use would absorb about 800,000 tonnes of palm oil, tightening exportable supply and supporting prices. A larger US soybean crop with lower crush points to more soybean meal availability, which is bearish for meal.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bearish ▼
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2016-12-01 | 1 | +3.3% | 3.3 | Report of Malaysia's expected B7-to-B10 biodiesel blend increase around December plus CPO price recovery signals added domestic demand that could support a rally into Dec 1. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-05-23 | [Week 20: overview of the veg-oil market \| Greenea](https://feedsoft.ai/events/71093-week-20-overview-of-the-veg-oil-market-greenea.md) | -1.2% | -4.9% |
| PALMOIL | 2024-10-24 | [Global grain trade review \| World Grain](https://feedsoft.ai/events/14260-global-grain-trade-review-world-grain.md) | +0.5% | +9.7% |
| PALMOIL | 2026-06-19 | [Soybean meal and oil: global demand sustains market, but excess supply pressures prices in the second half of the year](https://feedsoft.ai/events/18880-soybean-meal-and-oil-global-demand-sustains-market-but-excess-supply-pressures.md) | -0.0% | +0.3% |
| PALMOIL | 2023-07-03 | [Palm oil ends more than 5pc higher on supply worries - Markets - Business Recorder](https://feedsoft.ai/events/6544-palm-oil-ends-more-than-5pc-higher-on-supply-worries-markets-business-recorder.md) | +10.3% | +12.9% |
| PALMOIL | 2022-04-27 | [Canada's light canola acres deal another blow for snug vegoil market](https://feedsoft.ai/events/41789-canada-s-light-canola-acres-deal-another-blow-for-snug-vegoil-market.md) | +10.1% | +0.6% |
| SBM | 2017-05-23 | [Week 20: overview of the veg-oil market \| Greenea](https://feedsoft.ai/events/71093-week-20-overview-of-the-veg-oil-market-greenea.md) | -3.3% | -2.2% |
| SBM | 2025-05-20 | [Oilseeds: World Markets and Trade](https://feedsoft.ai/events/24788-oilseeds-world-markets-and-trade.md) | +1.6% | -2.6% |
| SBM | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -3.5% | -4.6% |

## Sources

- greenea.com: https://www.greenea.com/en/publication/week-45-overview-of-the-world-veg-oil-market/

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