# Malaysian palm oil price falls for 7th day on fresh Sino-US trade tension | The Star

> Malaysian palm oil futures fell to their lowest in more than five months on Monday after U.S. President Donald Trump threatened higher tariffs on Chinese imports. The July contract on Bursa Malaysia closed down 1.3% at 1,984 ringgit a tonne, its seventh straight session of losses.

- Date: 2019-05-06 · published 2019-05-06T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/6729-malaysian-palm-oil-price-falls-for-7th-day-on-fresh-sino-us-trade-tension-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Renewed US-China tariff threats raise the risk to global vegetable oil demand and trade deals, pressuring palm oil and related edible oil prices lower.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-06 | 5 | -9.0% | -4.7 | On 2019-05-06 renewed Sino-US tariff threats pushed futures to a 5-month low with a seventh straight loss, which hit demand and risk sentiment on the final day of the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-08 | [Malaysian palm oil price eases on trade war worries, ringgit strength \| The Star](https://feedsoft.ai/events/6730-malaysian-palm-oil-price-eases-on-trade-war-worries-ringgit-strength-the-star.md) | -1.3% | +0.2% |
| PALMOIL | 2020-01-28 | [Malaysian palm oil price falls 10%, biggest fall in nearly 12 years \| The Star](https://feedsoft.ai/events/55178-malaysian-palm-oil-price-falls-10-biggest-fall-in-nearly-12-years-the-star.md) | -12.8% | -13.3% |
| PALMOIL | 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) | +0.0% | +1.5% |
| PALMOIL | 2019-05-13 | [VEGOILS-Palm in line for fourth day of fall on U.S.-China trade tension \| Reuters](https://feedsoft.ai/events/12581-vegoils-palm-in-line-for-fourth-day-of-fall-on-u-s-china-trade-tension-reuters.md) | +2.9% | +0.2% |
| PALMOIL | 2018-08-29 | [Malaysian palm prices need to fall to RM2,100 per tonne to regain exports \| The Star](https://feedsoft.ai/events/63637-malaysian-palm-prices-need-to-fall-to-rm2-100-per-tonne-to-regain-exports-the.md) | +1.7% | -1.6% |
| SBO | 2019-05-13 | [VEGOILS-Palm in line for fourth day of fall on U.S.-China trade tension \| Reuters](https://feedsoft.ai/events/12581-vegoils-palm-in-line-for-fourth-day-of-fall-on-u-s-china-trade-tension-reuters.md) | +2.7% | +3.3% |
| SBO | 2018-06-19 | [Soybean Oil Futures Reach Lowest Price Since 2015 On Trade Tensions \| Naija247news](https://feedsoft.ai/events/64600-soybean-oil-futures-reach-lowest-price-since-2015-on-trade-tensions-naija247news.md) | -2.1% | -6.2% |
| SBO | 2017-09-28 | [Palm oil faces rising protectionism and national pressures - The Malaysian Reserve](https://feedsoft.ai/events/5642-palm-oil-faces-rising-protectionism-and-national-pressures-the-malaysian-reserve.md) | -0.1% | +3.8% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/05/07/palm-falls-for-7th-day-on-fresh-sino-us-trade-tension/

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