# Vegoils price commentary: Soyoil extends gains as US biofuels remain in focus; CPO up on related markets - Fastmarkets

> Palm oil futures on Bursa Malaysia rose about 2.4% to 4,063 ringgit per tonne, tracking gains in CME soyoil after US biofuel policy news. Dalian palm olein and soybean oil futures also rose on the same theme.

- Date: 2025-07-08 · published 2025-07-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23829-vegoils-price-commentary-soyoil-extends-gains-as-us-biofuels-remain-in-focus
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger soyoil and US biofuel-driven vegoil demand lift palm oil prices, tightening vegetable oil supplies and raising the cost of fat inputs for feed formulators.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/vegoils-price-commentary-soyoil-extends-gains-as-us-biofuels-remain-in-focus-cpo-up-on-related-markets/

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