Bunge's 15min chart sees MACD Golden Cross and Bollinger Bands expanding upward.

Bunge's 15-minute chart recently displayed a significant technical indicator, the MACD Golden Cross, in conjunction with Bollinger Bands expanding upward on October 17, 2025, at 11:30. This suggests that the stock price is poised to continue its upward trajectory, driven by a strong buying trend in the market.

New York, NY – October 17, 2025 – Bunge Global SA (NYSE: BG) shares surged today, climbing over 12% to $92.71, positioning the agribusiness giant as a top performer in the S&P 500. This significant increase is directly linked to a pivotal announcement by former President Donald Trump, who threatened to impose restrictions on U.S. imports of cooking oil from China, citing an "Economically Hostile Act" by Beijing, according to a MarketMinute article.

The proposed policy shift signals a potential boon for domestic agricultural processors like Bunge, poised to capitalize on increased demand for domestically produced soybean oil, the MarketMinute article said.

Technical indicators also suggest a strong buying trend in the market. On October 17, 2025, at 11:30, Bunge's 15-minute chart displayed a significant technical indicator, the MACD Golden Cross, in conjunction with Bollinger Bands expanding upward. This combination indicates a strong upward trajectory for the stock price, driven by a robust buying trend .

The broader cooking oil market, however, remains volatile. The landscape is becoming increasingly complex, with intensified price fluctuations and a significant reshaping of global supply chains. This development further escalates the ongoing U.S.-China trade conflict, adding another layer of complexity to an already strained global commodities market grappling with geopolitical tensions, adverse weather conditions, and robust demand from the biofuel sector, the MarketMinute article added.

The latest salvo in the protracted U.S.-China trade dispute was fired on October 14, 2025, when former President Donald Trump took to Truth Social, threatening to restrict U.S. imports of cooking oil from China. Trump's rationale was unequivocal: he accused China of an "Economically Hostile Act" by deliberately ceasing purchases of American soybeans, thereby causing hardship for U.S. farmers, the MarketMinute article reported.

This announcement closely followed a previous threat on October 10 to impose 100% tariffs on all Chinese imports starting November 1, a response to China's recent tightening of rare earth export restrictions. This escalation is deeply rooted in a trade war that commenced in January 2018. The initial imposition of U.S. tariffs on solar panels, washing machines, steel, and aluminum was met with swift retaliation from China, including a critical 25% tariff on U.S. soybeans in April 2018, the MarketMinute article noted.

The direct impact of restricting cooking oil imports might be "minimal" in the short term, as Chinese UCO exports to the U.S. had already sharply declined by 65% in the first eight months of 2025 due to China cutting tax rebates and pre-existing U.S. tariffs, the MarketMinute article observed. However, the move is seen as a potent political statement aimed at reassuring the U.S. agriculture industry.

Corporate fortunes in the crosshairs: winners and losers in a shifting trade landscape. Bunge Global SA (NYSE: BG) is among the beneficiaries, with extensive soybean crushing operations in the U.S. Archer Daniels Midland (NYSE: ADM), another agribusiness behemoth, also saw its stock gain. Conversely, companies that had any lingering reliance on Chinese UCO imports face immediate challenges, the MarketMinute article said.

The U.S. biofuel industry, a critical consumer of UCO, faces the most intricate adjustments. Producers utilizing domestic feedstocks, particularly soybean oil, stand to gain from increased demand and supportive policies like the Clean Fuel Production Credit (45Z) under the Inflation Reduction Act, which will increasingly prioritize North American feedstocks from 2026, the MarketMinute article noted.

The sudden curtailment necessitates a scramble for alternative waste-based feedstocks or a greater pivot towards virgin vegetable oils, impacting operational costs and supply chain stability across the sector, the MarketMinute article warned.

This trade threat unfolds against a backdrop of already elevated global cooking oil prices, driven by the Russia-Ukraine war, robust demand from the biofuel sector, and China's long-term strategy of agricultural import diversification, all contributing to a highly sensitive and unpredictable market environment, the MarketMinute article concluded.