# Singapore's palm-oil plays endure a sullen month - The Business Times

> Singapore-listed agri-related stocks have underperformed this month on weak commodity prices and Indonesia's dry spell, with the EU's biodiesel levies on Indonesia a lesser factor. Analysts expect Chinese buyers to switch from soyoil to palm oil amid the US-China trade war, partly offsetting the EU measure.

- Date: 2019-08-28 · published 2019-08-28T12:00:00.000Z
- Category: trade · region Singapore · magnitude medium
- Page: https://feedsoft.ai/events/57681-singapore-s-palm-oil-plays-endure-a-sullen-month-the-business-times
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected Chinese substitution of soyoil into palm oil supports palm demand, while EU biodiesel levies on Indonesian product reduce export demand for it.

## Read by commodity

- SBO: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| PALMOIL | 2020-12-21 | [SEA seeks level-playing field for palm oil exporter-importer  - The HinduBusinessLine](https://feedsoft.ai/events/49529-sea-seeks-level-playing-field-for-palm-oil-exporter-importer-the.md) | +0.6% | +2.7% |
| PALMOIL | 2022-12-30 | [CPTPP expected to boost palm oil exports, says MPOB \| FMT](https://feedsoft.ai/events/38336-cptpp-expected-to-boost-palm-oil-exports-says-mpob-fmt.md) | +3.1% | +1.5% |
| PALMOIL | 2018-05-31 | [Palm oil exports from Indonesia and Malaysia fell](https://feedsoft.ai/events/65117-palm-oil-exports-from-indonesia-and-malaysia-fell.md) | -1.1% | -4.5% |
| PALMOIL | 2019-01-16 | [Johor in talks with Cyprus on importing oil palm  \| The Star](https://feedsoft.ai/events/60980-johor-in-talks-with-cyprus-on-importing-oil-palm-the-star.md) | +2.3% | +5.9% |
| SBO | 2024-05-31 | [Malaysian palm oil rises on export outlook - Markets - Business Recorder](https://feedsoft.ai/events/8032-malaysian-palm-oil-rises-on-export-outlook-markets-business-recorder.md) | -1.1% | +0.4% |
| SBO | 2018-05-03 | [Malaysian palm oil price slides to 16-month low on weak demand \| The Star](https://feedsoft.ai/events/6612-malaysian-palm-oil-price-slides-to-16-month-low-on-weak-demand-the-star.md) | +1.6% | +2.5% |
| SBO | 2022-05-22 | [Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41497-malaysia-sees-sustained-competitiveness-even-as-indonesia-resumes-palm-oil.md) | -1.6% | -9.5% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapores-palm-oil-plays-endure-sullen-month

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