# Trade war, France ban still key worries of CPO | Borneo Post Online

> The US decision to raise tariffs on $200 billion of Chinese goods from 10% to 25% effective May 10 has intensified US-China trade tensions. Soybean prices have hit a near decade low after the tariff announcement, and US soybean inventories are at a historic high of 24.5 million tonnes. France's plan to phase out palm oil from biofuel tax breaks from 2020 adds further downward pressure, and African swine fever has cut China's hog herd by about 20%.

- Date: 2019-06-07 · published 2019-06-07T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58694-trade-war-france-ban-still-key-worries-of-cpo-borneo-post-online
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Trade tensions and a record US soybean stock overhang weigh on soy and palm complex prices, while the shrinking Chinese hog herd cuts feed demand over the longer term.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | +0.4% | +3.0% |
| SBO | 2017-04-12 | [China edible oil price slump to hit palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online.md) | +1.6% | +3.2% |
| SBO | 2019-06-03 | [Oil falls as trade worries mount, Saudi comments limit losses](https://feedsoft.ai/events/11307-oil-falls-as-trade-worries-mount-saudi-comments-limit-losses.md) | -0.8% | +2.4% |
| SBO | 2025-02-26 | [CBOT soybeans fall on South America harvest, tariff worries — TradingView News](https://feedsoft.ai/events/26108-cbot-soybeans-fall-on-south-america-harvest-tariff-worries-tradingview-news.md) | -5.7% | -5.1% |
| SBO | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -0.5% | -1.9% |
| SBM | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -2.5% | -11.9% |
| SBM | 2018-12-31 | [Trade wars cost U.S., China billions of dollars each in 2018](https://feedsoft.ai/events/61652-trade-wars-cost-u-s-china-billions-of-dollars-each-in-2018.md) | +3.0% | +0.9% |
| SBM | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | -0.4% | -7.2% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/06/08/trade-war-france-ban-still-key-worries-of-cpo/

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