# Palm and soybean oil prices fall under pressure from falling oil prices, while sunflower oil prices remain high due to supply delays

> January Brent crude fell 9.5% over the week to $103.6 a barrel after reports that the US is ready for talks with Iran. January palm oil futures on Bursa Malaysia dropped 3.3% to 4,551 ringgit a tonne, and December soyoil on CBOT fell 2.2%. European countries, including the Netherlands, Italy and Spain, cut palm oil imports ahead of full EUDR implementation.

- Date: 2026-11-04 · published 2026-11-04T12:06:06.608Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/79573-palm-and-soybean-oil-prices-fall-under-pressure-from-falling-oil-prices-while
- 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

Weaker crude reduces the biofuel appeal of vegetable oils, and rising palm stocks and lower EU import demand add downward pressure on palm and soyoil prices.

## Read by commodity

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

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-palmovu-ta-soevu-oliyu-znizhuyutsya-pid-tiskom-padinnya-tcin-na-naftu-a-na-sonyas.html

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