# FAO vegetable oil price index at eleven-year low - Renewable Carbon News

> The FAO vegetable oil price index fell 4.4% in March to 128 points, its second lowest level in eleven years. Palm oil oversupply in Malaysia and Indonesia, weak demand, and large Canadian rapeseed stocks drove the decline.

- Date: 2019-05-17 · published 2019-05-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/59164-fao-vegetable-oil-price-index-at-eleven-year-low-renewable-carbon-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Falling vegetable oil prices reflect ample palm supply and stagnant demand, keeping feedstock costs low for feed and oilseed processors. Biofuel policy changes remain the key swing factor for future prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-06-16 | [FAO vegetable oil price index falls to eight-month low - Renewable Carbon News](https://feedsoft.ai/events/52705-fao-vegetable-oil-price-index-falls-to-eight-month-low-renewable-carbon-news.md) | +3.0% | +5.3% |
| PALMOIL | 2017-04-05 | [FAO Food Price Index dips again in April, led by sugar and vegetable oils](https://feedsoft.ai/events/6872-fao-food-price-index-dips-again-in-april-led-by-sugar-and-vegetable-oils.md) | -0.3% | -1.6% |
| PALMOIL | 2024-04-24 | [Palm oil production up 2 per cent on previous year - Renewable Carbon News](https://feedsoft.ai/events/30838-palm-oil-production-up-2-per-cent-on-previous-year-renewable-carbon-news.md) | -0.5% | -5.4% |
| PALMOIL | 2019-07-25 | [Palm and soybean oil lose a lot of ground - Renewable Carbon News](https://feedsoft.ai/events/58176-palm-and-soybean-oil-lose-a-lot-of-ground-renewable-carbon-news.md) | +0.2% | +8.1% |
| PALMOIL | 2022-08-07 | [Benchmark FAO Food Price Index shows dip in international prices of cereals, vegetable oils and sugar](https://feedsoft.ai/events/40093-benchmark-fao-food-price-index-shows-dip-in-international-prices-of-cereals.md) | +9.5% | +0.6% |
| SBO | 2020-06-16 | [FAO vegetable oil price index falls to eight-month low - Renewable Carbon News](https://feedsoft.ai/events/52705-fao-vegetable-oil-price-index-falls-to-eight-month-low-renewable-carbon-news.md) | +2.2% | +2.7% |
| SBO | 2017-04-05 | [FAO Food Price Index dips again in April, led by sugar and vegetable oils](https://feedsoft.ai/events/6872-fao-food-price-index-dips-again-in-april-led-by-sugar-and-vegetable-oils.md) | -1.1% | +2.8% |
| SBO | 2019-07-25 | [Palm and soybean oil lose a lot of ground - Renewable Carbon News](https://feedsoft.ai/events/58176-palm-and-soybean-oil-lose-a-lot-of-ground-renewable-carbon-news.md) | -1.9% | +1.6% |

## Sources

- renewable-carbon.eu: https://renewable-carbon.eu/news/fao-vegetable-oil-price-index-at-eleven-year-low/

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