# Palm Oil Magazine - CPO Prices Decline Amid Rising Global Soybean Demand, Friday, Oct 31, 2025 - Palm Oil Magazine

> Crude palm oil prices in Indonesia and Malaysia slipped on October 31, 2025, after China agreed to buy 12 million tons of US soybeans this year. Expected soyoil demand from that deal weighed on palm oil prospects.

- Date: 2025-11-01 · published 2025-11-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/4448-palm-oil-magazine-cpo-prices-decline-amid-rising-global-soybean-demand-friday
- 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

A large Chinese soybean purchase supports soyoil demand and competes with palm oil, which pressures palm prices.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2025-11-03 | 1 | -6.6% | -12.0 | China's pledge to buy 12 million tons of US soybeans boosted expected soyoil supply/demand competition, weighing on palm prices going into the Nov 3 drop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +1.4% | +6.9% |
| PALMOIL | 2025-04-07 | [US tariffs to impact palm oil demand and prices, says CIMB Securities](https://feedsoft.ai/events/9627-us-tariffs-to-impact-palm-oil-demand-and-prices-says-cimb-securities.md) | -2.5% | -6.2% |
| PALMOIL | 2020-04-21 | [Muted Ramadan, Hari Raya amid pandemic slam seasonal rise in palm oil demand \| Malaysiakini](https://feedsoft.ai/events/53741-muted-ramadan-hari-raya-amid-pandemic-slam-seasonal-rise-in-palm-oil-demand.md) | -2.8% | -7.7% |
| PALMOIL | 2025-03-04 | [Trade Wars Trigger Global Vegetable Oil Price Decline](https://feedsoft.ai/events/11138-trade-wars-trigger-global-vegetable-oil-price-decline.md) | +0.8% | +0.3% |
| PALMOIL | 2023-04-27 | [Vegetable oil market: Competitiveness declines, CPO price sinks](https://feedsoft.ai/events/4385-vegetable-oil-market-competitiveness-declines-cpo-price-sinks.md) | -10.0% | -8.3% |
| SBO | 2023-11-22 | [Global soybean oil prices continue to rise amid tight supply](https://feedsoft.ai/events/33253-global-soybean-oil-prices-continue-to-rise-amid-tight-supply.md) | -1.2% | -4.4% |
| SBO | 2026-08-28 | [Strong demand offsets price pressure from record global soybean crop](https://feedsoft.ai/events/10974-strong-demand-offsets-price-pressure-from-record-global-soybean-crop.md) | +6.9% | +0.6% |
| SBO | 2025-10-21 | [CPO Prices to Hold Steady Above RM4,400 Amid Uncertain Palm and Soybean Oil Export Supplies Heading Into 2026 - MPOC](https://feedsoft.ai/events/15523-cpo-prices-to-hold-steady-above-rm4-400-amid-uncertain-palm-and-soybean-oil.md) | -1.0% | -0.4% |

## Sources

- palmoilmagazine.com: https://www.palmoilmagazine.com/cpo-price/2025/11/01/cpo-prices-decline-amid-rising-global-soybean-demand-friday-oct-31-2025/

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