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The FAO Vegetable Oil Price Index averaged 199.2 points in October, up 0.3% from September. Higher soybean and sunflower oil quotations more than offset lower rapeseed oil prices, while palm oil prices were nearly unchanged.
Soybean oil prices reached their highest level since late 2022, supported by steady biofuel-sector demand and seasonally tighter South American supply.
Steady biofuel demand and reduced seasonal supply from South America are supporting soybean oil prices, while limited Black Sea export availability and logistical difficulties support sunflower oil quotations. Palm oil prices were broadly stable during the month.
agroexpert.mdAgroexpertNov 8, 2026After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
