# Trade War Adds to Headaches Faced by Palm Oil Industry - Caixin Global

> Palm oil producers in Indonesia and Malaysia are struggling as China's trade war with the US pushes US soybeans into global markets. Palm prices have fallen about 40% since early 2017, though they have recovered from a December low.

- Date: 2019-05-22 · published 2019-05-22T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/59194-trade-war-adds-to-headaches-faced-by-palm-oil-industry-caixin-global
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cheap soybean oil competes with palm oil in biofuel use, which weighs on palm prices and farm incomes across Southeast Asia.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-10-30 | [Palm oil industry gathers in shadow of India-Malaysia trade spat \| The Peninsula Qatar](https://feedsoft.ai/events/56675-palm-oil-industry-gathers-in-shadow-of-india-malaysia-trade-spat-the-peninsula.md) | +12.4% | +16.7% |
| PALMOIL | 2022-07-06 | [CGS-CIMB: Crude palm oil prices to stay pressured by higher Indonesian exports, slower global growth \| Malay Mail](https://feedsoft.ai/events/4992-cgs-cimb-crude-palm-oil-prices-to-stay-pressured-by-higher-indonesian-exports.md) | -1.3% | -9.0% |
| PALMOIL | 2025-03-04 | [Trade Wars Trigger Global Vegetable Oil Price Decline](https://feedsoft.ai/events/11138-trade-wars-trigger-global-vegetable-oil-price-decline.md) | +0.8% | +0.3% |
| PALMOIL | 2025-08-01 | [Indonesia palm oil exports to US may fall due to tariffs, industry group says](https://feedsoft.ai/events/23854-indonesia-palm-oil-exports-to-us-may-fall-due-to-tariffs-industry-group-says.md) | +1.5% | +5.3% |
| PALMOIL | 2020-04-01 | [Indonesian palm oil exports to China drop by half in January: GAPKI](https://feedsoft.ai/events/54238-indonesian-palm-oil-exports-to-china-drop-by-half-in-january-gapki.md) | -3.5% | -7.7% |
| SBO | 2025-03-04 | [Trade Wars Trigger Global Vegetable Oil Price Decline](https://feedsoft.ai/events/11138-trade-wars-trigger-global-vegetable-oil-price-decline.md) | -1.2% | +5.5% |
| SBO | 2019-08-05 | [Oil falls 3% as trade war concerns hit demand outlook](https://feedsoft.ai/events/10826-oil-falls-3-as-trade-war-concerns-hit-demand-outlook.md) | +4.7% | +1.6% |
| SBO | 2025-01-27 | [U.S. threatening Canada’s canola oil industry - Grainews](https://feedsoft.ai/events/26601-u-s-threatening-canada-s-canola-oil-industry-grainews.md) | +2.0% | +4.1% |

## Sources

- caixinglobal.com: https://www.caixinglobal.com/2019-05-22/trade-war-adds-to-headaches-faced-by-palm-oil-industry-101418620.html

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