# Food Oil Prices Rise 35% as the Dollar Rises

> Vegetable-oil supply prices in Egypt were reported to have risen by as much as 35% since early July, with imported oils affected by a stronger dollar and shipping problems in the Black Sea region, alongside higher freight and insurance costs. By early November, crude soybean oil was quoted at about $1,426 per tonne, refined soybean oil at $1,537, refined sunflower oil at $1,852, and refined palm olein at $1,463.

- Date: 2026-11-10 · published 2026-11-10T13:38:53.827Z
- Category: logistics · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/91848-food-oil-prices-rise-35-as-the-dollar-rises
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Higher import costs from currency depreciation and shipping, freight, and insurance constraints raise landed prices for Egyptian oil buyers. These pressures are bullish for imported vegetable oils, particularly soybean and palm oils.

## Read by commodity

- SBO: bullish ▲
- USDEGP: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-01-26 | [Ukraine sunflower prices rise sharply amid higher sunflower oil prices - APK-Inform](https://feedsoft.ai/events/12810-ukraine-sunflower-prices-rise-sharply-amid-higher-sunflower-oil-prices-apk.md) | +2.1% | +8.2% |
| SBO | 2024-02-29 | [Global supply shortfall, higher freight rates may raise edible oil prices](https://feedsoft.ai/events/9427-global-supply-shortfall-higher-freight-rates-may-raise-edible-oil-prices.md) | +0.5% | +7.2% |
| SBO | 2022-12-09 | [High rates of export of oilseeds from Ukraine support purchase prices](https://feedsoft.ai/events/38350-high-rates-of-export-of-oilseeds-from-ukraine-support-purchase-prices.md) | -2.7% | -4.6% |
| SBO | 2026-06-24 | [Argentina oilseed wage talks continue as strike risk enters decisive phase \| S&P Global](https://feedsoft.ai/events/13790-argentina-oilseed-wage-talks-continue-as-strike-risk-enters-decisive-phase-s.md) | -2.8% | +6.5% |
| SBO | 2021-09-30 | [Palm oil futures hit all-time high as China rushes to fill soy oil shortage \| S&P Global](https://feedsoft.ai/events/45163-palm-oil-futures-hit-all-time-high-as-china-rushes-to-fill-soy-oil-shortage-s.md) | +2.2% | +7.2% |
| PALMOIL | 2024-02-29 | [Global supply shortfall, higher freight rates may raise edible oil prices](https://feedsoft.ai/events/9427-global-supply-shortfall-higher-freight-rates-may-raise-edible-oil-prices.md) | +4.9% | +8.8% |
| PALMOIL | 2023-03-30 | [Sunflower prices in Ukraine are recovering after falling to the lowest level of the season](https://feedsoft.ai/events/36978-sunflower-prices-in-ukraine-are-recovering-after-falling-to-the-lowest-level-of.md) | -1.1% | -4.0% |
| PALMOIL | 2022-05-20 | [Recriminations fly as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41502-recriminations-fly-as-indonesia-resumes-palm-oil-exports.md) | +2.6% | -7.0% |

## Sources

- elmostaqbal.com: https://www.elmostaqbal.com/875840/%d8%a8%d9%86%d8%b3%d8%a8%d8%a9-35-%d8%b2%d9%8a%d8%a7%d8%af%d8%a9-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%b2%d9%8a%d9%88%d8%aa-%d8%a7%d9%84%d8%b7%d8%b9%d8%a7%d9%85-%d9%85%d8%b9-%d8%a7%d8%b1%d8%aa%d9%81/

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