# Vegetable oil prices on the rise  : The Daily Digest

> The FAO vegetable oil price index rose 4.5% in September 2017 to a seven-month high, led by firmer palm and soybean oil prices. Southeast Asian palm output fell short of expectations and importing countries' stocks were small.

- Date: 2017-10-28 · published 2017-10-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68543-vegetable-oil-prices-on-the-rise-the-daily-digest
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter palm supply and low importer stocks support vegetable oil prices, which feeds into soymeal and oilseed meal values through crush margins.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/vegetable-oil-prices-on-the-rise/

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