# Soybean oil shines amidst disrupted global vegetable oil supply chains | Food Engineering

> Soybean oil demand is being pulled by supply disruptions in vegetable oils, including Canadian drought, COVID restrictions in Malaysia and an Indonesian export ban, and the war in Ukraine disrupting sunflower oil flows. A USSEC official says these disruptions will keep shifting oil prices.

- Date: 2022-07-21 · published 2022-07-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40584-soybean-oil-shines-amidst-disrupted-global-vegetable-oil-supply-chains-food
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tight global vegetable oil supplies support soyoil and palm oil prices as buyers switch to soy oil, though the article is a general commentary without a new event.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- foodengineeringmag.com: https://www.foodengineeringmag.com/articles/100419-soybean-oil-shines-amidst-disrupted-global-vegetable-oil-supply-chains

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