# Crude oil slump to impact CPO, biodiesel mandates

> Palm oil prices appear to be weakening again after crude oil fell, with the benchmark three-month CPO futures contract under pressure. Malaysian Palm Oil Board data showed the October 16 settlement at RM2,126 per tonne, higher than RM1,933.50 on September 2.

- Date: 2026-10-29 · published 2026-10-29T06:05:44.462Z
- Category: macro · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/163-crude-oil-slump-to-impact-cpo-biodiesel-mandates
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude oil reduces the appeal of palm oil for biodiesel and weakens the discretionary demand that supports CPO prices.

## Read by commodity

- WTI: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-04-28 | [Malaysian B20 Biodiesel Affected By Low Crude Oil Prices – MPOC](https://feedsoft.ai/events/53509-malaysian-b20-biodiesel-affected-by-low-crude-oil-prices-mpoc.md) | -9.4% | -4.5% |
| PALMOIL | 2017-08-30 | [Strong euro supports biodiesel prices despite falling veg oils  : The Daily Digest](https://feedsoft.ai/events/69542-strong-euro-supports-biodiesel-prices-despite-falling-veg-oils-the-daily-digest.md) | +3.6% | +5.8% |
| PALMOIL | 2020-01-29 | [Coronavirus punishes equities, ringgit and crude palm oil](https://feedsoft.ai/events/55341-coronavirus-punishes-equities-ringgit-and-crude-palm-oil.md) | -9.4% | -11.8% |
| PALMOIL | 2020-03-10 | [Crude oil’s crash jeopardises Asia’s cleaner fuel ambitions \| FMT](https://feedsoft.ai/events/54010-crude-oil-s-crash-jeopardises-asia-s-cleaner-fuel-ambitions-fmt.md) | -4.1% | -8.6% |
| PALMOIL | 2020-03-13 | [Crude oil sell-offs see prices for palm oil decline \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/54237-crude-oil-sell-offs-see-prices-for-palm-oil-decline-analysis-and-features-the.md) | -2.8% | -3.9% |
| WTI | 2020-04-28 | [Malaysian B20 Biodiesel Affected By Low Crude Oil Prices – MPOC](https://feedsoft.ai/events/53509-malaysian-b20-biodiesel-affected-by-low-crude-oil-prices-mpoc.md) | +65.3% | +179.6% |
| WTI | 2026-02-02 | [Metals, crude oil dive in broad commodities market tumble \| Reuters](https://feedsoft.ai/events/8795-metals-crude-oil-dive-in-broad-commodities-market-tumble-reuters.md) | -1.6% | +9.9% |
| WTI | 2023-12-12 | [U.S. crude oil falls more than 3% on inflation worries](https://feedsoft.ai/events/32888-u-s-crude-oil-falls-more-than-3-on-inflation-worries.md) | +1.7% | +0.6% |

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/crude-oil-slump-impact-cpo-biodiesel-mandates

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