# Veg oils prices surge as CPO futures and soyoil rally

> CPO futures on Bursa Malaysia rallied to a 15-month high on March 30 and settled up 3.04%, after Indonesia's president said the B50 biodiesel mandate would be implemented this year. CME soyoil also climbed on stronger energy prices and new US renewable fuel targets announced March 27.

- Date: 2026-04-01 · published 2026-04-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/9474-veg-oils-prices-surge-as-cpo-futures-and-soyoil-rally
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A firm B50 mandate and EPA renewable fuel targets would raise biofuel feedstock demand for vegetable oils, supporting palm and soyoil prices. Narrowing palm-gasoil spreads add to the energy-linked support.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2026-04-01 | 1 | +3.9% | 3.6 | Indonesia's president confirming B50 biodiesel implementation this year, plus a soyoil rally on stronger energy prices and US renewable fuel targets, lifted CPO to a 15-month high just before the 1 April move (demand and policy). |
| PALMOIL | 2026-03-31 | 1 | +3.9% | 3.7 | Veg oil rally on B50 commitment, higher energy prices and new US renewable fuel targets lifted palm and soyoil sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-03-01 | [CPO Reference Prices For Export Outages And Features Rise](https://feedsoft.ai/events/15746-cpo-reference-prices-for-export-outages-and-features-rise.md) | +1.8% | -4.7% |
| PALMOIL | 2020-06-02 | [Strong demand supports prices for vegetable oils at a high level](https://feedsoft.ai/events/6049-strong-demand-supports-prices-for-vegetable-oils-at-a-high-level.md) | +3.9% | +5.2% |
| PALMOIL | 2022-04-22 | [Soyoil surges to record high as Indonesia bans palm oil exports](https://feedsoft.ai/events/14040-soyoil-surges-to-record-high-as-indonesia-bans-palm-oil-exports.md) | +1.1% | -2.1% |
| PALMOIL | 2025-03-09 | [The end of cheap palm oil? Output stalls as biodiesel demand surges](https://feedsoft.ai/events/15574-the-end-of-cheap-palm-oil-output-stalls-as-biodiesel-demand-surges.md) | -1.1% | -5.0% |
| PALMOIL | 2026-09-02 | [US soybean oil rally supports global vegetable oil market](https://feedsoft.ai/events/4538-us-soybean-oil-rally-supports-global-vegetable-oil-market.md) | -0.5% | -4.3% |
| SBO | 2025-06-13 | [Soybeans and Bean Oil Surge on RVO News: How High Will Prices Run?](https://feedsoft.ai/events/5340-soybeans-and-bean-oil-surge-on-rvo-news-how-high-will-prices-run.md) | +10.1% | +8.6% |
| SBO | 2026-05-27 | [Biofuels give boost to soybean oil futures rally \| World Grain](https://feedsoft.ai/events/19353-biofuels-give-boost-to-soybean-oil-futures-rally-world-grain.md) | +2.2% | -3.6% |
| SBO | 2022-03-14 | [Top Exporter of Soy Meal, Oil Halts Cargoes as Prices Surge - Bloomberg](https://feedsoft.ai/events/12629-top-exporter-of-soy-meal-oil-halts-cargoes-as-prices-surge-bloomberg.md) | -9.8% | +240.8% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/veg-oils-prices-surge-as-cpo-futures-and-soyoil-rally/

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