Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Palm Oil Is Crashing While Crude Oil Rises
Lucas and Luna unpack the surprising divergence between crude oil and palm oil in May 2026. Crude is down 7% on the week, but palm oil has plunged even more—falling 12% in a month to a 14-month low. The hosts trace the story to a perfect storm: collapsing biodiesel mandates in Indonesia and Malaysia, a massive global edible-oil supply glut led by bumper soybean and sunflower harvests, and China's slowing vegetable oil demand. They explain why crude's troubles are geopolitical but palm oil's are structural, and what that means for consumers—from cooking oil prices to the future…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.