# Palm oil prices to stay firm next month on India demand, soybean prices, says industry council

> The Malaysian Palm Oil Council forecast crude palm oil will trade between RM4,100 and RM4,300 per tonne next month, supported by Indian festive demand and elevated US soyoil prices. It said abundant global soybean supply would cap rallies, with South American output projected at 245 million tonnes in 2026.

- Date: 2025-07-23 · published 2025-07-23T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23856-palm-oil-prices-to-stay-firm-next-month-on-india-demand-soybean-prices-says
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Firm Indian demand and strong soyoil support palm prices, but record soybean supply limits upside. Buyers should expect range-bound vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼
- PALMOIL: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/palm-oil-prices-to-stay-firm-next-month-on-india-demand-soybean-prices-says-industry-council/

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