# Complex Palm oil and edibles oils as different factors effect market - TM Duché & Sons Ltd

> Palm oil rose earlier as soyoil prices jumped on rumours of new US biofuel demand. Later in the week, SGS and ITS reported slightly weaker February palm demand, and Malaysian crops are expected to peak in April, pushing prices lower.

- Date: 2017-03-03 · published 2017-03-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7062-complex-palm-oil-and-edibles-oils-as-different-factors-effect-market-tm-duche
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Reports of weaker palm demand and an early Malaysian harvest point to bearish pressure, while biofuel-driven soy strength offers offsetting support. Coconut oil is tracking palm as Philippine supply recovers.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- tmduche.com: https://www.tmduche.com/markets/complex-palm-oil-edibles-oils-different-factors-effect-market/

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