# Rising palm oil prices support sunflower and sunflower oil markets

> Palm oil futures in Malaysia rose 6.4% in one week on lower production forecasts and firmer exports. A delayed sunflower harvest in the Black Sea region has tightened sunflower oil supply, pushing buyers toward cheaper palm oil. Ukrainian sunflower oil prices held firm at about $1,260-1,300 per tonne FOB.

- Date: 2021-09-27 · published 2021-09-27T12:00:00.000Z
- Category: market · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/11977-rising-palm-oil-prices-support-sunflower-and-sunflower-oil-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight sunflower oil supply lifts vegetable oil prices and pushes buyers toward palm and soybean oil, which supports vegetable oil prices across the complex.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2021-09-27 | 1 | +3.2% | 3.1 | Same-day 6.4% weekly surge in Malaysian palm oil on lower production forecasts and firmer exports, plus tight sunflower oil supply, pushed buyers across vegetable oils and plausibly lifted soybean oil via substitution and spillover. |
| PALMOIL | 2021-10-05 | 5 | +9.6% | 2.8 | Palm futures jumped 6.4% in a week on lower production forecasts, firm exports and tight sunflower oil supply from a delayed Black Sea harvest, which pushed buyers toward palm and set up the later rally. |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zrostannya-tcin-na-palmovu-oliyu-pidtrimue-rinki-sonyashnikovoi-olii-ta-sonyashniku.html

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