Palm oil maintains its price advantage over soybean oil, but only through the end of summer
04/08/2026 (Fastmarket) - Palm oil remains more price-competitive than soybean oil in the key Indian import market, although its advantage is gradually narrowing. According to Fastmarkets, the price spread between August-shipment palm oil and soybean oil has narrowed to $32.5 per ton, down $5 per ton from the previous week.