# Sharpest rise in palm oil price in seven months

> Palm oil prices recorded their sharpest rise in seven months amid expectations that India would switch to alternative oils as Black Sea sunflower oil supplies were disrupted. Industry estimates suggested Russian and Ukrainian sunflower oil shipments could be one million tonnes lower in October–December.

- Date: 2026-11-08 · published 2026-11-08T15:06:56.379Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/87632-sharpest-rise-in-palm-oil-price-in-seven-months
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Reduced sunflower oil availability could redirect Indian buying toward palm oil and other substitutes, supporting their prices. The size of the impact depends on how much of the shortfall importers replace with alternative oils.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-26 | [Palm and soybean oil prices rise in response to recovery in crude oil prices](https://feedsoft.ai/events/28878-palm-and-soybean-oil-prices-rise-in-response-to-recovery-in-crude-oil-prices.md) | +0.7% | +6.8% |
| PALMOIL | 2026-03-11 | [Crude oil surge likely to support palm prices \| The Star](https://feedsoft.ai/events/15488-crude-oil-surge-likely-to-support-palm-prices-the-star.md) | +2.4% | +4.1% |
| PALMOIL | 2024-10-03 | [Malaysian Palm Oil Prices Climb Due To Middle East Tensions](https://feedsoft.ai/events/7767-malaysian-palm-oil-prices-climb-due-to-middle-east-tensions.md) | -0.9% | +1.5% |
| PALMOIL | 2026-04-02 | [HLIB Research: Middle East tensions to lift near-term palm oil prices](https://feedsoft.ai/events/9476-hlib-research-middle-east-tensions-to-lift-near-term-palm-oil-prices.md) | -1.0% | -2.2% |
| PALMOIL | 2023-07-20 | [Palm oil futures hit four-month high as Black Sea tensions escalate](https://feedsoft.ai/events/11938-palm-oil-futures-hit-four-month-high-as-black-sea-tensions-escalate.md) | +1.6% | -2.4% |

## Sources

- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/en/palmnews/news/40118

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