# FAO vegetable oil price index falls to eight-month low  : The Daily Digest

> The FAO vegetable oil index slipped 7.2 points, or 5.2%, in April to its lowest level since August 2019. UFOP attributed the decline to falling palm, soybean and rapeseed oil prices, partly offset by higher sunflower oil.

- Date: 2020-05-24 · published 2020-05-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53230-fao-vegetable-oil-price-index-falls-to-eight-month-low-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The index drop signals softer vegetable oil prices across palm, soy and rapeseed, which pressures feed fat and oilseed meal economics; the same report is covered in index 0.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/fao-vegetable-oil-price-index-falls-to-eight-month-low/

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