# Vegoils price commentary: CME soyoil declines sharply on crude, US biofuels uncertainties; CPO down on related oils - Fastmarkets

> CME soyoil futures fell sharply in the week ending June 5 on lower crude oil, legal challenges to US biofuel blending mandates and profit-taking. Malaysian CPO futures also closed lower, with the August contract down 1.02% to 4,554 ringgit per tonne as weaker related oils weighed.

- Date: 2026-06-08 · published 2026-06-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18892-vegoils-price-commentary-cme-soyoil-declines-sharply-on-crude-us-biofuels
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude and legal uncertainty over mandates weigh on biofuel-linked vegetable oil prices, while palm oil follows soyoil lower.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- PALMOIL: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/vegoils-price-commentary-cme-soyoil-declines-sharply-on-crude-us-biofuels-uncertainties-cpo-down-on-related-oils/

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