Soybean oil quotes continue to decline, increasing pressure on prices of other oils

Published 2025년 9월 10일

Tridge summary

The start of the harvest of American soybeans, which China still refuses to buy, is putting pressure on soybean and soybean oil prices in Chicago, affecting neighboring palm and sunflower oil markets. December soybean oil quotes in Chicago fell 4.2% to $1,112/tonne in a week (-5% in a month), receiving additional pressure from the uncertainty

Original content

of the Trump Administration’s policy regarding biofuel production quotas for 2026-27. At the same time, prices for Brazilian soybean oil are $1,130-1,135/t FOB, and for soybean oil in China – remain at a low level of $1,180/t (Daylian) for deliveries in September due to active imports of soybeans from Brazil, which have already been purchased for delivery in November. October palm oil futures on the Bursa Malaysia exchange have been trading at a stable level of 4,479 ringgit/t or $1,065/t for three weeks amid active exports to India, which is preparing for the seasonal autumn holidays. The global vegetable oil market is expecting the results of the rapeseed, sunflower, and soybean harvests, as well as an increase in vegetable oil production in the 2025/26 MY and an increase in demand, so prices are beginning to stabilize in anticipation of new influencing factors. Sunflower oil prices in India, after a supply-shortage-driven increase in August, have fallen by $15-20/t to ...

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