China exported a record amount of soybean oil in October

a surplus that the domestic market could not absorb, leading to record shipments to India, the world’s largest consumer of soybean oil. In the first ten months of 2025, Chinese soybean oil exports reached 329,000 tonnes, almost three times the level for the whole of last year. The resumption of soybean purchases from the US after a temporary trade truce and improved trade relations with India are only reinforcing this trend. Trade between China and India in this direction is expected to continue to grow. For India, such imports are economically and logistically beneficial. As Ashish Acharya, vice president of Patanjali Foods Ltd, noted, Chinese soybean oil is of South American quality, but is $10-$15 per tonne cheaper. In addition, delivery to India’s east coast takes just 10-12 days, which is much faster than the 50-60 days from Brazil or Argentina. In November, about 70,000 tonnes of oil from China already reached India, and volumes could increase by another 12,000 tonnes. China ...