# Crude Palm Oil Weekly Report – 30 September 2017 | Borneo Post Online

> Malaysian palm oil futures hit a one-month low in the week to September 29 as soybean oil on CBOT weakened. Palm oil exports for September 1 to 25 rose 16 to 27 per cent according to inspection agencies, and the US EPA proposed cutting biodiesel blending requirements.

- Date: 2017-09-30 · published 2017-09-30T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/5639-crude-palm-oil-weekly-report-30-september-2017-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A proposed cut in US biodiesel mandates reduces demand for vegetable oil feedstocks, while strong export inspections are supportive but insufficient to offset the bearish trend.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2017-10-02 | 1 | -4.4% | -6.1 | Weekly report to Sept 29 shows palm futures at a one-month low on weak CBOT soyoil and a proposed US EPA cut to biodiesel blending, which erodes demand and sets up the sharp Oct 2 drop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-12-01 | [Crude Palm Oil Weekly Report – December 1, 2018 \| Borneo Post Online](https://feedsoft.ai/events/61664-crude-palm-oil-weekly-report-december-1-2018-borneo-post-online.md) | +0.3% | +7.6% |
| PALMOIL | 2018-12-26 | [Cost structure still tough for palm oil players \| Borneo Post Online](https://feedsoft.ai/events/61663-cost-structure-still-tough-for-palm-oil-players-borneo-post-online.md) | +5.0% | +7.8% |
| PALMOIL | 2017-11-02 | [MP: Most European countries against palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/68003-mp-most-european-countries-against-palm-oil-imports-borneo-post-online.md) | -0.6% | -3.2% |
| PALMOIL | 2019-06-03 | [Palm Oil Monitor Weekly Update – 3rd June 2019 - Palm Oil Monitor](https://feedsoft.ai/events/58613-palm-oil-monitor-weekly-update-3rd-june-2019-palm-oil-monitor.md) | -0.2% | -1.3% |
| PALMOIL | 2023-09-17 | [Palm Oil News - CPO Reference Price Gets Cheaper: Hera Are CPO OF and Levy on 16–30 September 2023](https://feedsoft.ai/events/15701-palm-oil-news-cpo-reference-price-gets-cheaper-hera-are-cpo-of-and-levy-on-16.md) | -1.6% | -4.3% |
| SBO | 2022-04-26 | [Plantation - Export ban excludes crude palm oil and RBD palm oil \| I3investor](https://feedsoft.ai/events/15827-plantation-export-ban-excludes-crude-palm-oil-and-rbd-palm-oil-i3investor.md) | -2.4% | -4.2% |
| SBO | 2022-10-14 | [Indonesia: Temporary changes in export duty of crude palm oil (14 October 2022) - Global Trade Alert](https://feedsoft.ai/events/15785-indonesia-temporary-changes-in-export-duty-of-crude-palm-oil-14-october-2022.md) | +1.2% | +8.6% |
| SBO | 2018-06-14 | [EU to phase out palm oil from transport fuel by 2030 \| Reuters](https://feedsoft.ai/events/64538-eu-to-phase-out-palm-oil-from-transport-fuel-by-2030-reuters.md) | -2.4% | -6.3% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/10/01/crude-palm-oil-weekly-report-30-september-2017/

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