# Trade Wars Trigger Global Vegetable Oil Price Decline

> Global vegetable oil prices fell this week as tariff tensions escalated, with the BMD crude palm oil benchmark dropping to $1,049/mt from $1,074. Malaysian exports fell 10.95% in February while Indonesian exports rose 39%.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11138-trade-wars-trigger-global-vegetable-oil-price-decline
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Trade-war uncertainty and softer export demand weigh on palm and other vegoil prices, though tight Malaysian stocks may limit downside.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-04-27 | [Vegetable oil market: Competitiveness declines, CPO price sinks](https://feedsoft.ai/events/4385-vegetable-oil-market-competitiveness-declines-cpo-price-sinks.md) | -10.0% | -8.3% |
| PALMOIL | 2018-07-20 | [Trump Trade War Poses Problems for Oilseed and Vegetable Oils - Olive Oil Times](https://feedsoft.ai/events/64121-trump-trade-war-poses-problems-for-oilseed-and-vegetable-oils-olive-oil-times.md) | -0.1% | -1.1% |
| PALMOIL | 2025-11-01 | [Palm Oil Magazine - CPO Prices Decline Amid Rising Global Soybean Demand, Friday, Oct 31, 2025 - Palm Oil Magazine](https://feedsoft.ai/events/4448-palm-oil-magazine-cpo-prices-decline-amid-rising-global-soybean-demand-friday.md) | -6.2% | -5.7% |
| PALMOIL | 2019-05-22 | [Trade War Adds to Headaches Faced by Palm Oil Industry - Caixin Global](https://feedsoft.ai/events/59194-trade-war-adds-to-headaches-faced-by-palm-oil-industry-caixin-global.md) | 0.0% | -0.6% |
| PALMOIL | 2018-08-19 | [Vegetable Oil - Markets - Business Recorder](https://feedsoft.ai/events/63615-vegetable-oil-markets-business-recorder.md) | -0.2% | -0.6% |
| SBO | 2018-07-20 | [Trump Trade War Poses Problems for Oilseed and Vegetable Oils - Olive Oil Times](https://feedsoft.ai/events/64121-trump-trade-war-poses-problems-for-oilseed-and-vegetable-oils-olive-oil-times.md) | +1.1% | +1.1% |
| SBO | 2019-05-22 | [Trade War Adds to Headaches Faced by Palm Oil Industry - Caixin Global](https://feedsoft.ai/events/59194-trade-war-adds-to-headaches-faced-by-palm-oil-industry-caixin-global.md) | +2.2% | +4.5% |
| SBO | 2025-09-24 | [Vegetable oil prices fall under pressure from increased supply from Argentina](https://feedsoft.ai/events/22946-vegetable-oil-prices-fall-under-pressure-from-increased-supply-from-argentina.md) | -0.4% | +3.3% |

## Sources

- vespertool.com: https://vespertool.com/news/trade-wars-drive-vegetable-oil-prices-down/

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