# Palm and soybean oil prices fell by 4.4-5.9% amid a 14.5% drop in oil prices in two days

> Brent fell 14.5% to $65.5 per barrel and WTI fell 15.2% to $61.7 over two sessions after China imposed an additional 34% tariff on US goods. Chicago soyoil fell 4.8% to $1,009 per tonne and May soybean futures dropped 3.7% on the tariff news.

- Date: 2025-04-07 · published 2025-04-07T12:00:00.000Z
- Category: macro · region Global · magnitude high
- Page: https://feedsoft.ai/events/9630-palm-and-soybean-oil-prices-fell-by-4-4-5-9-amid-a-14-5-drop-in-oil-prices-in
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The sharp crude decline reduces biofuel feedstock demand and drags vegetable oil prices, while trade-war uncertainty adds downside risk to demand.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2025-04-07 | 1 | -3.6% | -3.6 | Crude fell ~14.5% over two sessions and soyoil dropped 4.8%, with palm and soy oils down 4.4-5.9%, via weaker biodiesel/energy linkage and rival oil pricing. |
| BRENT | 2025-04-07 | 5 | -15.6% | -5.6 | Brent fell 14.5% in two sessions after China's tariffs, with soyoil and palm oil following, so this measures the move and its spillover to feed-related oils. |
| WTI | 2025-04-07 | 5 | -15.5% | -4.6 | Quantifies the two-session WTI drop of 15.2% after China's tariffs. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-04-07 | [Palm and Soy Oil Prices Drop as Oil Prices Decline](https://feedsoft.ai/events/9631-palm-and-soy-oil-prices-drop-as-oil-prices-decline.md) | -1.7% | -9.0% |
| BRENT | 2022-07-13 | [Corn prices fell 7.8%, pressured by a drop in the oil market and data from the USDA report 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/6833-corn-prices-fell-7-8-pressured-by-a-drop-in-the-oil-market-and-data-from-the.md) | +7.7% | -3.1% |
| BRENT | 2023-10-04 | [Oil plunges $5 in biggest one-day drop in more than a year](https://feedsoft.ai/events/7360-oil-plunges-5-in-biggest-one-day-drop-in-more-than-a-year.md) | -3.8% | -6.0% |
| BRENT | 2020-09-21 | [Oil Prices Fall Amid Broad Selloff \| Rigzone](https://feedsoft.ai/events/10536-oil-prices-fall-amid-broad-selloff-rigzone.md) | -2.9% | -1.2% |
| BRENT | 2021-04-21 | [Oil prices drop as India’s COVID-19 surge dents demand outlook \| Reuters](https://feedsoft.ai/events/47759-oil-prices-drop-as-india-s-covid-19-surge-dents-demand-outlook-reuters.md) | +0.6% | +4.4% |
| WTI | 2025-04-07 | [Palm and Soy Oil Prices Drop as Oil Prices Decline](https://feedsoft.ai/events/9631-palm-and-soy-oil-prices-drop-as-oil-prices-decline.md) | -0.8% | -6.8% |
| WTI | 2022-07-13 | [Corn prices fell 7.8%, pressured by a drop in the oil market and data from the USDA report 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/6833-corn-prices-fell-7-8-pressured-by-a-drop-in-the-oil-market-and-data-from-the.md) | +8.7% | -4.9% |
| WTI | 2023-10-04 | [Oil plunges $5 in biggest one-day drop in more than a year](https://feedsoft.ai/events/7360-oil-plunges-5-in-biggest-one-day-drop-in-more-than-a-year.md) | -3.7% | -8.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/palm-and-soybean-oil-prices-fell-by-4-4-5-9-amid-a-14-5-drop-in-oil-prices-in-two-days/

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