Refined Soybean Oil Prices 2025 – Regional Analysis and Future Projections

06-Nov-2025

The global refined soybean oil market maintained firm pricing momentum in Q3 2025, influenced by strong consumption from the food and biodiesel industries and region-specific supply fluctuations. According to IMARC Group’s latest publication, “Refined Soybean Oil Prices, Trend, Index and Forecast Data Report 2025 Edition,” which provides updated insights for Q3 2025, upward adjustments were recorded across key consuming regions, supported by high crushing margins, freight volatility, and tight soybean availability in certain markets. North America, Europe, and Asia Pacific remained focal points, where weather impacts, logistics constraints, and energy-linked cost pressures collectively shaped price performance.

Q3 2025 Refined Soybean Oil Prices:

USA: USD 1,214/MT
China: USD 1,187/MT
Germany: USD 1,270/MT
Italy: USD 1,145/MT
India: USD 1,438/MT

Current price levels underscore refined soybean oil’s critical role across global food systems, biodiesel blending programs, and industrial applications. Firm consumption, coupled with selective supply-side tightening, sustained a generally bullish tone through Q3 2025.

Key Regional Price Trends and Market Drivers:

USA

Refined soybean oil prices in the USA averaged USD 1,214/MT in September 2025. Strong domestic consumption within food processing and biodiesel segments, along with seasonal harvest fluctuations and elevated logistics expenses, supported higher price realizations. Robust export demand from Latin American buyers and increased production costs reinforced the quarter’s upward trajectory.

China

Prices in China reached USD 1,187/MT in September 2025, lifted by consistent demand from food and feed manufacturers. Limited soybean imports due to trade restrictions and intermittent refinery outages constrained supply. Yuan depreciation raised import costs, while festive catering activity sustained high consumption levels across urban centers.

Germany

Germany recorded an average of USD 1,270/MT in Q3 2025. Prices edged lower amid stable domestic production and reduced biodiesel blending requirements. Improved soybean harvests eased raw material procurement, yet inland freight and container shortages created mild trading delays, tempering declines.

Italy

At USD 1,145/MT, Italy’s refined soybean oil prices softened under subdued demand from food manufacturers. Ample inventories and steady import arrivals from South America stabilized the market, while rising energy expenses and weak export activity restricted recovery prospects.

India

India posted prices of USD 1,438/MT in September 2025. Festive-season demand, monsoon-related transport bottlenecks, and curtailed imports amid higher global rates pushed prices upward. Refiners faced elevated energy and logistics costs, maintaining bullish momentum across domestic wholesale markets.

Q3 vs Q2 2025:

Country	Q3 2025 (USD/MT)	Q2 2025 (USD/MT)	Q3 vs Q2 Trends
USA	1,214	1,176	Prices rose as strong biodiesel and food demand met tighter supply
China	1,187	1,156	Slight increase driven by steady consumption and import restrictions
Germany	1,270	1,300	Prices eased on improved harvests and softer biodiesel demand
India	1,438	1,392	Prices advanced on festive demand and constrained imports

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Refined Soybean Oil Industry Overview:

The global refined soybean oil industry reached 35.77 Million Tons in 2024 and is projected to attain 52.3 Million Tons by 2033, expanding at a CAGR of 4.09% during 2025–2033. Market growth is driven by rising food-sector demand, greater adoption in biodiesel production, and diversified use in industrial and pharmaceutical formulations. Favorable trade conditions, technological progress in refining, and sustainability-focused initiatives continue to enhance industry competitiveness.

Expanding manufacturing capacities, improved processing efficiency, and increasing preference for plant-based oils across emerging economies support long-term growth. Policy incentives for renewable energy and steady urban consumption trends further strengthen refined soybean oil’s global market outlook.

Recent Market Trends and Industry Analysis:

Refined soybean oil remains a core edible oil globally due to its versatility, high smoke point, and balanced fatty-acid composition. Strong demand from food, biodiesel, and chemical industries continues to drive market expansion. North American and Asian biodiesel blending mandates, combined with sustained consumer appetite for affordable vegetable oils, bolster consumption levels.

Key drivers include high-efficiency refining technologies, shifting dietary preferences toward polyunsaturated fats, and the growing integration of soy-based feedstocks in renewable energy programs. Moreover, trade policy adjustments, logistics modernization, and localized crushing capacities enhance supply resilience. As nations pursue sustainable energy and food-security agendas, refined soybean oil remains integral to both industrial and household consumption worldwide.

Strategic Forecasting and Analysis:

IMARC Group is a leading market research firm offering in-depth insights into global commodity trends. With expertise in pricing intelligence, trade flows, and industrial forecasting, IMARC empowers businesses with actionable data to support strategic decision-making.

Key Features of the Report:

Price Charts and Historical Data
FOB and CIF Spot Pricing
Regional Demand-Supply Assessments
Port-Level Price Analysis
Sector-Specific Demand and Supply Insights

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