This statistic depicts the average annual prices for soybean oil from 2014 through 2026*. In 2023, the average price for soybean oil stood at 1,119 nominal U.S. dollars per metric ton.
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The price of crude soybean oil in the USA reached 1127 USD/MT by the end of December 2023. In China, the price of crude soybean oil settled at 888 USD/MT in December 2023. In December 2023, the crude soybean oil priced reached 989 USD/MT in Germany.
Product
| Category | Region | Price |
---|---|---|---|
Crude Soybean Oil | Chemical | USA | 1127 USD/MT |
Crude Soybean Oil | Chemical | China | 888 USD/MT |
Crude Soybean Oil | Chemical | Germany | 989 USD/MT |
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Get the latest insights on price movement and trend analysis of Crude Soybean Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Report Features | Details |
Product Name | Crude Soybean Oil |
Industrial Uses | Producing salad dressings, Baking and frying fats, Margarines, Salad and cooking oils |
Supplier Database | Bunge Limited, The Archer Daniels Midland Company, Cargill, Incorporated, Adams Group, CHS Inc., Grain Millers Inc |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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The refined soybean oil prices in the United States for Q4 2023 reached 1,436 USD/MT in December. In the USA, soybean oil prices fell, contrary to expectations of a price increase. Factors influencing this trend included weaker demand in the diesel industry and concerns about El Nino affecting palm oil production in Southeast Asia. Additionally, Brazil's policy adjustments regarding biodiesel further pressured prices downward.
Product
| Category | Region | Price |
---|---|---|---|
Refined Soybean Oil | Chemical | USA | 1,436 USD/MT |
Refined Soybean Oil | Chemical | China | 938 USD/MT |
Refined Soybean Oil | Chemical | Germany | 1,224 USD/MT |
This statistic depicts the average monthly prices for soybean oil worldwide from January 2014 through January 2025. In January 2025, the average monthly price for soybean oil worldwide stood at 1,060.93 nominal U.S. dollars per metric ton.
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Graph and download economic data for Global price of Soybeans Oil (PSOILUSDQ) from Q1 1990 to Q4 2024 about beans, oil, World, food, and price.
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The price of RBD soybean oil in the United States for Q4 2023 reached 1436 USD/MT in December. Whereas, the price trend for RBD soybean oil in China in Q4 2023 reached 938 USD/MT in December. Moreover, the price trend for RBD soybean oil in Germany in Q4 2023 reached 1224 USD/MT in December.
Product
| Category | Region | Price |
---|---|---|---|
RBD Soybean Oil | Chemical | USA | 1436 USD/MT |
RBD Soybean Oil | Chemical | China | 938 USD/MT |
RBD Soybean Oil | Chemical | Germany | 1224 USD/MT |
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Soybean Oil Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
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Explore the factors influencing soybean oil prices in 2023, including supply-demand dynamics, geopolitical events, and biofuel policies. Understand how trade policies, crude oil prices, and technological advancements affect this essential commodity's cost.
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China Settlement Price: Dalian Commodity Exchange: Soybean Oil: 5th Month data was reported at 7,858.000 RMB/Ton in 25 Mar 2025. This records a decrease from the previous number of 7,880.000 RMB/Ton for 24 Mar 2025. China Settlement Price: Dalian Commodity Exchange: Soybean Oil: 5th Month data is updated daily, averaging 7,244.000 RMB/Ton from Jan 2006 (Median) to 25 Mar 2025, with 4668 observations. The data reached an all-time high of 11,768.000 RMB/Ton in 08 Jun 2022 and a record low of 5,248.000 RMB/Ton in 23 Sep 2015. China Settlement Price: Dalian Commodity Exchange: Soybean Oil: 5th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under World Trend Plus’s Commodity Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily. [COVID-19-IMPACT]
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Soybeans increased 7.06 USd/BU or 0.71% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on March of 2025.
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The price of US soybean oil is influenced by various factors including supply and demand dynamics, weather conditions, government policies, and global market trends. Understanding these factors and regularly monitoring market developments is crucial for stakeholders in the soybean oil industry.
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This article provides an overview of the factors influencing the price of soybean oil, including supply and demand dynamics, weather conditions, government policies, exchange rates, and global trade patterns. It also explains how a historical price chart can illustrate price fluctuations over time and discusses the impact of various factors on soybean oil prices. Additionally, it emphasizes the importance of considering other factors in addition to price charts when making investment decisions in the soybea
The average retail price of soya oil per kilogram in Mumbai was almost 169 Indian rupees in December 2022. In contrast, the average retail price of one kilogram of soya oil in Kolkata amounted to nearly 149.5 Indian rupees.
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Explore the significance of the soybean oil price index in global markets, its role as a benchmark for informed decision-making, and the factors influencing price fluctuations, including supply-demand dynamics, trade policies, and currency changes.
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Soybean Oil Price in Germany - 2023. Find the latest marketing data on the IndexBox platform.
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Soybean Oil Price in Israel - 2023. Find the latest marketing data on the IndexBox platform.
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Soybean Oil Price in Saudi Arabia - 2021. Find the latest marketing data on the IndexBox platform.
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Explore the factors influencing daily soybean oil price fluctuations, from market demand to geopolitical events, and understand the impact on global commodity exchanges and the agriculture-food sector.
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Soybean Oil Price in Mexico - 2023. Find the latest marketing data on the IndexBox platform.
This statistic depicts the average annual prices for soybean oil from 2014 through 2026*. In 2023, the average price for soybean oil stood at 1,119 nominal U.S. dollars per metric ton.