# Vegetable oils prices are influenced by demand and deterioration of oilseeds crop prospects - LMC

> LMC analyst Kim Tullar said palm oil prices have risen since late September 2020 on recovering demand after quarantine easing, lower Malaysian stocks, and biodiesel demand. Rapeseed and sunflower oil prices also rose on expected 2020/21 oilseed output declines, though palm oil remains about $150-225/t cheaper than other oils.

- Date: 2020-10-01 · published 2020-10-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50727-vegetable-oils-prices-are-influenced-by-demand-and-deterioration-of-oilseeds
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The wide discount of palm oil to other vegetable oils may limit substitution by Indian buyers, while LMC expects prices to ease toward year-end, weighing on the outlook for vegetable oil values.

## Read by commodity

- SBO: neutral
- PALMOIL: bullish ▲

## Sources

- alfa.apk-inform.com: https://alfa.apk-inform.com/en/news/1514572

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