# China edible oil price slump to hit palm oil imports | Borneo Post Online

> Steep falls in Chinese edible oil prices have pushed soybean crush margins at Shandong plants deep into negative territory. Soybean oil futures on the Dalian exchange have dropped 15% since end-January, following a glut from higher vegetable oil imports and state rapeseed oil auctions.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Negative crush margins give processors reason to cut soybean purchases and palm oil imports, which weighs on palm oil and soyoil prices. Lower China crush also reduces soymeal output, a factor for feed buyers to watch.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | -4.5% | -1.8% |
| PALMOIL | 2017-01-24 | [Us withdrawal from tpp affects palm oil export \| Borneo Post Online](https://feedsoft.ai/events/73075-us-withdrawal-from-tpp-affects-palm-oil-export-borneo-post-online.md) | +0.1% | -5.3% |
| PALMOIL | 2025-01-10 | [EU palm oil imports continue to decline](https://feedsoft.ai/events/26537-eu-palm-oil-imports-continue-to-decline.md) | +0.7% | +5.3% |
| PALMOIL | 2024-02-02 | [Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder](https://feedsoft.ai/events/31765-palm-falls-1-on-india-efforts-to-cut-edible-oil-imports-markets-business.md) | +0.6% | +3.9% |
| PALMOIL | 2020-02-14 | [India's curbs on Malaysian palm imports stir up edible oil trade](https://feedsoft.ai/events/54691-india-s-curbs-on-malaysian-palm-imports-stir-up-edible-oil-trade.md) | -0.5% | -15.3% |
| SBO | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | +0.4% | +3.0% |
| SBO | 2024-02-02 | [Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder](https://feedsoft.ai/events/31765-palm-falls-1-on-india-efforts-to-cut-edible-oil-imports-markets-business.md) | +2.4% | -1.2% |
| SBO | 2022-07-20 | [Indonesia’s palm oil exports set to soar 60% in price blow \| FMT](https://feedsoft.ai/events/40582-indonesia-s-palm-oil-exports-set-to-soar-60-in-price-blow-fmt.md) | -3.3% | +3.0% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/04/12/china-edible-oil-price-slump-to-hit-palm-oil-imports/

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