# VEGOILS-Palm slips almost 2% on weak rival oils, crude

> Palm oil fell almost 2% in morning trade as rival vegetable oils and crude oil weakened. The S&P GSCI Soybean Oil Index was down 1.53% on the day. Palm also hit a one-month low the previous day on stockpile concerns.

- Date: 2026-11-04 · published 2026-11-04T06:06:27.147Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/79163-vegoils-palm-slips-almost-2-on-weak-rival-oils-crude
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Softer crude and soyoil reduce the cost-based and substitution support for palm oil. Continued weakness would lower prices for vegetable oil feed ingredients.

## Read by commodity

- SBO: bearish ▼
- BRENT: bearish ▼
- PALMOIL: bearish ▼

## Sources

- hk.marketscreener.com: https://hk.marketscreener.com/news/vegoils-palm-slips-almost-2-on-weak-rival-oils-crude-ce785fdede8cf624

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