# Global vegetable oil prices rise in October on higher soybean and sunflower oil quotations — FAO

> FAO’s Vegetable Oil Price Index averaged 199.2 points in October, up 0.3% from September, as higher soybean and sunflower oil quotations offset lower rapeseed oil prices. Soybean oil reached its highest level since late 2022, supported by biofuel demand and seasonally lower South American supplies; sunflower oil prices recovered amid limited Black Sea export supplies and shipping difficulties.

- Date: 2026-11-06 · published 2026-11-06T15:07:09.609Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/84090-global-vegetable-oil-prices-rise-in-october-on-higher-soybean-and-sunflower-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Strong biofuel demand and tighter seasonal soybean oil availability support soybean oil prices, while constrained Black Sea shipments support sunflower oil markets. The index’s modest overall rise signals continued strength in vegetable oil markets despite mixed movements among oils.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-07-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/23812-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +1.2% | +0.8% |
| SBO | 2025-04-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/25227-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +2.0% | +5.6% |
| SBO | 2022-02-03 | [Vegetable oil prices hit all-time high over supply concerns: FAO \| Food Dive](https://feedsoft.ai/events/8088-vegetable-oil-prices-hit-all-time-high-over-supply-concerns-fao-food-dive.md) | -0.5% | +12.0% |
| SBO | 2023-07-04 | [Palm and soybean oil futures rose 8.5-10% in two sessions, following soybean prices](https://feedsoft.ai/events/6545-palm-and-soybean-oil-futures-rose-8-5-10-in-two-sessions-following-soybean.md) | +0.5% | -1.8% |
| SBO | 2023-01-13 | [US soybean crop and oil prices rise after cuts in the 2022/23 MY crop estimate](https://feedsoft.ai/events/37865-us-soybean-crop-and-oil-prices-rise-after-cuts-in-the-2022-23-my-crop-estimate.md) | -1.6% | -9.4% |
| PALMOIL | 2017-03-27 | [Palm oil export growth, higher CPO prices, rising global demand bode well for Boustead Plantations \| Malay Mail](https://feedsoft.ai/events/72115-palm-oil-export-growth-higher-cpo-prices-rising-global-demand-bode-well-for.md) | -0.5% | -7.6% |
| PALMOIL | 2021-08-19 | [CPO’s duty surges 5-fold on higher prices](https://feedsoft.ai/events/45438-cpo-s-duty-surges-5-fold-on-higher-prices.md) | +0.3% | +2.3% |
| PALMOIL | 2021-01-25 | [Overview Of The Global Palm Oil Sector In 2020 And Outlook For 2021 – MPOC](https://feedsoft.ai/events/49039-overview-of-the-global-palm-oil-sector-in-2020-and-outlook-for-2021-mpoc.md) | +0.3% | -0.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/global-vegetable-oil-prices-rise-in-october-on-higher-soybean-and-sunflower-oil-quotations-fao/

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