
Global edible oil prices fell over the past week as January Brent crude dropped 12.6% to $92 per barrel. Bursa Malaysia palm oil futures lost 6.8% to 4,260 ringgit, and Malaysian palm stocks rose to a record 3.621 million tons in October.
CBOT December soybean oil fell 4% to $1,405 per ton.
Weaker crude removes energy-linked support from vegetable oils, and record palm stocks add supply pressure. Lower vegetable oil prices reduce the cost of oil-rich feed ingredients but weigh on oilseed crush margins.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.