# The Spread Between Soybean Oil Price and Palm Oil Price Expected to Narrow in Short Term - The Jacobsen

> Palm oil futures are setting fresh life-of-contract lows, widening the spread between soybean oil and palm oil to its highest since November. Analysts expect the May 12 MPOB report to determine the short-term direction.

- Date: 2020-05-07 · published 2020-05-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53231-the-spread-between-soybean-oil-price-and-palm-oil-price-expected-to-narrow-in
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A wide soyoil-palm spread shifts trade flows toward cheaper palm oil and keeps pressure on palm prices until supply data confirms a bottom.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/05/07/the-spread-between-soybean-oil-and-palm-oil-expected-to-narrow-in-short-term/

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