# Palm and Soy Oil Prices Drop as Oil Prices Decline

> Brent crude fell 14.5% to $65.5 per barrel and WTI dropped 15.2% to $61.7 over two sessions after China's additional 34% tariffs on US goods. Chicago soyoil futures fell 4.8% to $1,009 per tonne, with vegetable oils hit hardest.

- Date: 2025-04-07 · published 2025-04-07T12:00:00.000Z
- Category: macro · region Global · magnitude high
- Page: https://feedsoft.ai/events/9631-palm-and-soy-oil-prices-drop-as-oil-prices-decline
- 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

Lower crude weakens biodiesel economics and vegetable oil demand, pressuring palm and soyoil prices as trade-war fears persist.

## 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 | Same crude and soyoil collapse after China's tariffs, with vegetable oils hit hardest, transmitting lower prices to palm. |
| BRENT | 2025-04-07 | 5 | -15.6% | -5.6 | It documents the 14.5% two-session Brent drop on China's tariffs and the transmission to vegetable oils. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-04-07 | [Palm and soybean oil prices fell by 4.4-5.9% amid a 14.5% drop in oil prices in two days](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.md) | -1.7% | -9.0% |
| BRENT | 2020-03-13 | [Crude oil sell-offs see prices for palm oil decline \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/54237-crude-oil-sell-offs-see-prices-for-palm-oil-decline-analysis-and-features-the.md) | -18.6% | -21.4% |
| BRENT | 2020-04-20 | [US oil prices turn negative as demand dries up](https://feedsoft.ai/events/4480-us-oil-prices-turn-negative-as-demand-dries-up.md) | -21.7% | +34.7% |
| BRENT | 2025-01-26 | [Oil Drops As Trump Urges OPEC To Cut Prices](https://feedsoft.ai/events/26667-oil-drops-as-trump-urges-opec-to-cut-prices.md) | -2.1% | -5.0% |
| BRENT | 2023-10-06 | [Why are oil prices suddenly dropping?](https://feedsoft.ai/events/7364-why-are-oil-prices-suddenly-dropping.md) | +1.2% | +2.1% |
| WTI | 2025-04-07 | [Palm and soybean oil prices fell by 4.4-5.9% amid a 14.5% drop in oil prices in two days](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.md) | -0.8% | -6.8% |
| WTI | 2020-04-20 | [US oil prices turn negative as demand dries up](https://feedsoft.ai/events/4480-us-oil-prices-turn-negative-as-demand-dries-up.md) | -32.4% | +73.9% |
| WTI | 2025-01-26 | [Oil Drops As Trump Urges OPEC To Cut Prices](https://feedsoft.ai/events/26667-oil-drops-as-trump-urges-opec-to-cut-prices.md) | -2.8% | -5.2% |

## Sources

- agroreview.com: https://agroreview.com/en/newsen/crops/palm-and-soy-oil-prices/

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