# Palm opens lower on weaker rival oils, crude oil prices

> Malaysian palm oil futures fell 0.97% in early trade on Thursday to 4,473 ringgit per ton, snapping a four-session rally. Rival soyoil and crude oil also dropped after Trump announced reciprocal tariffs on trading partners.

- Date: 2025-04-03 · published 2025-04-03T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/9626-palm-opens-lower-on-weaker-rival-oils-crude-oil-prices
- 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), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Broad US tariffs raise global trade-war risk and weigh on crude, which lowers biodiesel demand support for palm and soyoil prices.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2025-04-06 | 1 | -3.6% | -3.8 | Palm fell on April 3 with soyoil and crude after the US reciprocal tariff announcement, snapping a four-session rally and starting the sell-off. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-04-30 | [Vegoils: Palm falls to two-week low on weaker exports](https://feedsoft.ai/events/6614-vegoils-palm-falls-to-two-week-low-on-weaker-exports.md) | -4.5% | -1.8% |
| PALMOIL | 2023-05-31 | [Palm falls to new low on weaker rival oils, negative export data - Markets - Business Recorder](https://feedsoft.ai/events/7319-palm-falls-to-new-low-on-weaker-rival-oils-negative-export-data-markets.md) | -7.4% | -2.2% |
| PALMOIL | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +1.4% | +6.9% |
| PALMOIL | 2018-05-03 | [Malaysian palm oil price slides to 16-month low on weak demand \| The Star](https://feedsoft.ai/events/6612-malaysian-palm-oil-price-slides-to-16-month-low-on-weak-demand-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2025-11-03 | [Palm oil prices under pressure, other oils fall, shipping rates rise](https://feedsoft.ai/events/4445-palm-oil-prices-under-pressure-other-oils-fall-shipping-rates-rise.md) | -6.2% | -5.7% |
| SBO | 2023-05-31 | [Palm falls to new low on weaker rival oils, negative export data - Markets - Business Recorder](https://feedsoft.ai/events/7319-palm-falls-to-new-low-on-weaker-rival-oils-negative-export-data-markets.md) | +5.2% | +22.1% |
| SBO | 2021-07-22 | [Palm oil ends lower tracking weaker soy prices, declining export pace - Markets - Business Recorder](https://feedsoft.ai/events/46162-palm-oil-ends-lower-tracking-weaker-soy-prices-declining-export-pace-markets.md) | +0.7% | -3.5% |
| SBO | 2025-11-03 | [Palm oil prices under pressure, other oils fall, shipping rates rise](https://feedsoft.ai/events/4445-palm-oil-prices-under-pressure-other-oils-fall-shipping-rates-rise.md) | -0.7% | +4.3% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3QH03S:0-palm-opens-lower-on-weaker-rival-oils-crude-oil-prices/

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