# Soybean oil prices have fallen, but palm and sunflower oil prices remain high 01.04.2022 - UkrAgroConsult

> Brent and WTI crude rose then fell back as Russia-Ukraine talk hopes faded and sanctions weighed on Russian oil. Palm oil held near 6,000 ringgit per tonne before slipping, and soyoil fell on Monday while sunflower oil supply concerns persisted due to Ukrainian port blockades.

- Date: 2022-04-01 · published 2022-04-01T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4038-soybean-oil-prices-have-fallen-but-palm-and-sunflower-oil-prices-remain-high-01
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Sanctions on Russian crude and blocked Ukrainian ports tighten vegetable oil supply and keep energy-linked oils volatile, though softer crude and soyoil prices limit the upside.

## Read by commodity

- SBO: neutral
- WTI: neutral
- BRENT: neutral
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2022-04-07 | 5 | +209.7% | 30.2 | Sunflower oil supply concerns from Ukrainian port blockades and crude oil swings supported vegetable oil prices, although soyoil dipped on the day. |
| PALMOIL | 2022-04-01 | 1 | -12.8% | -5.7 | April 1 report of soyoil weakness and crude volatility as palm slipped from near 6,000 ringgit, indicating spillover pressure from competing vegetable oils and energy. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-04-05 | [North American Grain/Oilseed Review: Canola climbs higher 05.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/4037-north-american-grain-oilseed-review-canola-climbs-higher-05-04-2022.md) | +4.8% | +20.1% |
| PALMOIL | 2022-03-22 | [Ukraine Sunflower Planting to Sink With Crop Hit Hardest by War 22.03.2022 - UkrAgroConsult](https://feedsoft.ai/events/42395-ukraine-sunflower-planting-to-sink-with-crop-hit-hardest-by-war-22-03-2022.md) | +1.2% | -0.7% |
| PALMOIL | 2024-08-26 | [Palm and soybean oil prices rise in response to recovery in crude oil prices](https://feedsoft.ai/events/28878-palm-and-soybean-oil-prices-rise-in-response-to-recovery-in-crude-oil-prices.md) | +0.7% | +6.8% |
| PALMOIL | 2022-11-01 | [Vegetable oil futures surge as Russia-Ukraine grain deal comes to abrupt end 01.11.2022 - UkrAgroConsult](https://feedsoft.ai/events/8076-vegetable-oil-futures-surge-as-russia-ukraine-grain-deal-comes-to-abrupt-end-01.md) | +13.1% | +9.0% |
| PALMOIL | 2022-02-14 | [North American Grain and Oilseed Review: Old, new crops head in opposite directions 14.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/42685-north-american-grain-and-oilseed-review-old-new-crops-head-in-opposite.md) | +1.3% | +14.5% |
| SBO | 2020-07-21 | [China's rapeseed oil rally drives widening spread with other edible oils](https://feedsoft.ai/events/52098-china-s-rapeseed-oil-rally-drives-widening-spread-with-other-edible-oils.md) | -1.1% | +4.6% |
| SBO | 2020-04-09 | [The Red Sea Economic Times – April 9 \| The New Silk Road Monitor](https://feedsoft.ai/events/53539-the-red-sea-economic-times-april-9-the-new-silk-road-monitor.md) | -3.2% | -4.6% |
| BRENT | 2025-06-23 | [Update: oil prices fall back after short-lived surge in early trading - FreightWaves](https://feedsoft.ai/events/8645-update-oil-prices-fall-back-after-short-lived-surge-in-early-trading.md) | -11.9% | -9.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-oil-prices-have-fallen-but-palm-and-sunflower-oil-prices-remain-high/

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