# World Vegetable Oil Demand Not Reflected in Canola Price | Country 600 CJWW

> MarketsFarm analyst Mike Jubinville said canola is undervalued because of the China trade issue, and palm oil is at a two-year high. He noted world vegetable oil stocks-to-use is falling toward multi-decade lows and canola trades at a narrower premium to soybeans than usual.

- Date: 2019-12-06 · published 2019-12-06T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/55542-world-vegetable-oil-demand-not-reflected-in-canola-price-country-600-cjww
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tightening global vegetable oil stocks support canola oil and meal values, though China access remains a drag on the Canadian canola price.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2019-12-06 | 5 | +8.2% | 3.2 | Palm oil at a two-year high and falling global vegetable oil stocks-to-use point to tight supply and strong momentum in the week of the move. |

## Sources

- cjwwradio.com: https://www.cjwwradio.com/2019/12/05/world-vegetable-oil-demand-not-reflected-in-canola-price/

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