
Malaysian palm oil fell for a fourth straight day amid US-China trade tensions. The Chicago July soybean oil contract dropped 1.6%, while the Dalian May palm oil contract slipped 1%.
Trade tension weighs on demand expectations for vegetable oils, pushing palm and soyoil lower. Continued trade friction could keep vegetable oil prices under pressure.
After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% over 20.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.