# In October, the FAO Vegetable Oil Price Index Rose

> 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.

- Date: 2026-11-08 · published 2026-11-09T00:06:32.490Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/88185-in-october-the-fao-vegetable-oil-price-index-rose
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2025-04-04 | [FAO Food Price Index remains stable in March](https://feedsoft.ai/events/25161-fao-food-price-index-remains-stable-in-march.md) | -0.0% | +5.9% |
| 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 | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | +272.9% | +265.3% |
| PALMOIL | 2024-04-12 | [USDA increased the estimate of world production of vegetable oils](https://feedsoft.ai/events/30861-usda-increased-the-estimate-of-world-production-of-vegetable-oils.md) | -3.8% | -10.4% |
| PALMOIL | 2018-05-03 | [Malaysian crude palm oil output likely rose in April \| The Star](https://feedsoft.ai/events/6619-malaysian-crude-palm-oil-output-likely-rose-in-april-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2016-12-14 | [Sustainable palm oil use in Europe](https://feedsoft.ai/events/73492-sustainable-palm-oil-use-in-europe.md) | -0.4% | -0.5% |

## Sources

- agroexpert.md: https://agroexpert.md/rom/preturi-si-tendinte/%c3%aen-octombrie-indicele-pre%c8%9burilor-fao-pentru-uleiurile-vegetale-a-crescut/

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