Refined Soybean Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Refined Soybean Oil Price Trend, Index and Forecast
Track the latest insights on refined soybean oil price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Refined Soybean Oil Prices Outlook Q3 2025
- 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
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During the third quarter of 2025, the refined soybean oil prices in the USA reached 1,214 USD/MT in September. In the USA, prices were influenced by strong domestic consumption in the food processing and biodiesel sectors. Seasonal fluctuations in soybean harvests, combined with high crushing margins, created moderate supply pressure. Export demand remained robust, particularly from Latin America, which supported the overall market sentiment. Rising labor and logistics expenses also contributed to upward price adjustments.
During the third quarter of 2025, the refined soybean oil prices in China reached 1,187 USD/MT in September. Prices were supported by steady demand from the food and feed manufacturing industries. Domestic supply was affected by intermittent refinery shutdowns and limited availability of imported soybeans due to trade restrictions. Currency depreciation further increased import costs, while firm demand from the catering sector during festival periods kept consumption levels high.
During the third quarter of 2025, the refined soybean oil prices in Germany reached 1,270 USD/MT in September. Prices experienced a downward movement amid stable domestic production and reduced demand from the biodiesel industry. Higher soybean yields across major producing countries eased raw material procurement costs. However, fluctuations in freight rates and logistical challenges in inland transport impacted delivery schedules, mildly affecting trade activity.
During the third quarter of 2025, the refined soybean oil prices in Italy reached 1,145 USD/MT in September. Prices were under pressure due to subdued demand from the edible oil and food manufacturing segments. Adequate inventories and a steady inflow of imports from South America maintained market stability. However, persistent energy cost inflation and weak export activity limited the scope for price recovery during this period.
During the third quarter of 2025, the refined soybean oil prices in India reached 1,438 USD/MT in September. Prices rose on the back of increased consumption from the household and industrial food sectors. Monsoon-related transportation disruptions constrained supply to key refining hubs. Strong festival-driven demand and reduced imports due to higher international rates supported domestic price gains. Refiners also faced elevated production and logistics costs, sustaining the upward price momentum.
Refined Soybean Oil Prices Outlook Q2 2025
- USA: USD 1176/MT
- Germany: USD 1300/MT
- China: USD 1156/MT
- Brazil: USD 1358/MT
- India: USD 1392/MT
During the second quarter of 2025, the refined soybean oil prices in the United States reached 1176 USD/MT in June. Prices were buoyed by consistent demand from the biodiesel and processed food industries. Tight soybean supplies and higher production costs due to unfavorable weather conditions supported firm price levels. Export demand from neighboring regions also contributed to sustained market strength throughout the quarter.
During the second quarter of 2025, the refined soybean oil prices in Germany reached 1300 USD/MT in June. European energy cost pressures and logistical inefficiencies led to increased operational expenses for refiners. While domestic demand from the food and chemical sectors remained stable, reduced biodiesel blending activities slightly tempered consumption. Market sentiment stayed firm, supported by moderate import costs and steady regional offtake.
During the second quarter of 2025, the refined soybean oil prices in China reached 1156 USD/MT in June. Market trends were shaped by weak domestic crushing activity and cautious procurement by end-users amid global price volatility. However, the catering sector showed gradual recovery, sustaining overall consumption. Import disruptions from major suppliers due to logistical delays and port congestion also limited product availability.
During the second quarter of 2025, the refined soybean oil prices in Brazil reached 1358 USD/MT in June. Prices softened as domestic production increased following improved soybean harvests. Export volumes to key destinations remained steady, but lower international offers curbed local price gains. The market observed balanced fundamentals, with stable industrial consumption and efficient refinery operations maintaining supply consistency.
During the second quarter of 2025, the refined soybean oil prices in India reached 1392 USD/MT in June. The price increase was driven by persistent demand from the edible oil and food manufacturing sectors. Limited import arrivals amid rising freight costs tightened domestic supply. Retail demand surged due to festival preparations, while high energy costs added inflationary pressure across the refining chain.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the refined soybean oil prices.
Europe Refined Soybean Oil Price
Q3 2025:
As per the refined soybean oil price index, prices in Europe advanced steadily due to strong food and biofuel sector demand and rising input costs. Higher energy tariffs and stricter sustainability certifications raised processing expenses. Limited shipments from Latin America, coupled with port congestion, delayed imports and constrained regional supply. Currency fluctuations against the dollar further increased procurement costs for refiners. Meanwhile, end-user demand remained firm, supported by stable household consumption and industrial offtake. The overall market balance leaned toward tightness, sustaining a bullish price trend across major European economies through the quarter.
Q2 2025:
As per the refined soybean oil price index, prices in Europe exhibited moderate fluctuations with balanced fundamentals. The biodiesel sector experienced a temporary slowdown, reducing industrial consumption, while ample inventories supported adequate availability. Food manufacturing demand remained steady, helping to stabilize prices. Energy expenses and compliance costs persisted as key cost drivers for refiners. Import volumes from South America improved gradually, easing prior supply tightness. Despite minor downward adjustments early in the quarter, a late-quarter recovery in consumer and industrial demand maintained overall price equilibrium across the European refined soybean oil market.
This analysis can be extended to include detailed refined soybean oil price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| 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, among other European countries. |
North America Refined Soybean Oil Price
Q3 2025:
As per the refined soybean oil price index, North American prices strengthened on the back of tight soybean supplies and robust biofuel blending mandates. Seasonal weather disturbances reduced crop quality, leading to limited feedstock availability. High export demand, particularly from Asian markets, exerted further pressure on domestic supply. Refiners faced cost escalations from rising labor, energy, and logistics expenses. Nonetheless, consistent demand from the food manufacturing sector maintained a solid pricing foundation. Strategic stockpiling by industrial consumers in anticipation of future supply disruptions contributed to upward price momentum throughout the quarter.
Q2 2025:
In North America, refined soybean oil prices demonstrated a steady upward trajectory driven by strong consumption from food manufacturers and continued interest from biodiesel producers. The availability of soybeans remained adequate, yet higher processing costs and logistical inefficiencies kept prices elevated. Seasonal export commitments reduced local supply, prompting refiners to manage inventories cautiously. Despite stable production operations, some producers implemented controlled output levels to prevent oversupply. Market participants benefited from predictable pricing patterns compared with other global regions, sustaining confidence across the domestic supply chain.
Specific refined soybean oil historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Refined Soybean Oil Price
Q3 2025:
As per refined soyabean oil price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the refined soyabean oil pricing trends and refined soyabean oil price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on refined soybean oil prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Refined Soybean Oil Price
Q3 2025:
In the Asia Pacific region, refined soybean oil prices showed mixed trends due to diverse regional conditions. India witnessed strong price gains supported by festive consumption and reduced edible oil imports. Conversely, China experienced subdued movement owing to large inventories and steady crushing rates. Southeast Asian nations observed mild firming as regional refiners faced higher freight costs. Supply chain inefficiencies, including delayed shipments and currency depreciation, further impacted landed prices. Despite these challenges, broad-based consumption from the food, cosmetics, and biofuel sectors sustained stable overall regional demand throughout the quarter.
Q2 2025:
Across Asia Pacific, prices maintained moderate strength driven by robust consumption in the food and industrial sectors. Import inflows from Brazil and the United States stabilized availability, preventing excessive price swings. India’s domestic demand remained resilient, while China’s recovering consumption lent further market support. Refiners contended with fluctuating freight rates and volatile exchange movements, influencing cost structures. Strong procurement activity by food processors during the latter half of the quarter reinforced market confidence, ensuring that refined soybean oil prices closed the period on a stable note despite external trade uncertainties.
This refined soybean oil price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Refined Soybean Oil Price
Q3 2025:
In Latin America, refined soybean oil prices were impacted by abundant soybean harvests and subdued biodiesel blending requirements. Regional refiners benefited from favorable feedstock costs, although logistical inefficiencies in port operations persisted. Export demand from Asian markets provided some stability, while domestic consumption in the food and hospitality sectors remained moderate. Currency fluctuations and inflationary pressures affected profit margins for exporters. Despite these headwinds, improved supply chain coordination and consistent production levels ensured balanced pricing conditions through the quarter.
Q2 2025:
During the second quarter, Latin American refined soybean oil prices remained relatively stable amid consistent export performance and steady local crushing operations. Favorable climatic conditions boosted soybean yields, enhancing feedstock supply for refiners. The regional market benefited from improved logistics following prior disruptions, lowering transit times and freight expenses. Domestic demand from food manufacturers remained stable, while export commitments to Europe and Asia sustained market confidence. Inflationary trends in certain economies slightly influenced operational costs but did not significantly affect price equilibrium, keeping the overall regional market steady through the quarter.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Refined Soybean Oil Pricing Report, Market Analysis, and News
IMARC's latest publication, “Refined Soybean Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the refined soybean oil market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of refined soybean oil at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed refined soybean oil prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting refined soybean oil pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Refined Soybean Oil Industry Analysis
The global refined soybean oil industry size reached 35.77 Million Tons in 2024. By 2033, IMARC Group expects the market to reach 52.3 Million Tons, at a projected CAGR of 4.09% during 2025-2033. The industry growth is driven by rising demand from the global food sector, increasing use in biodiesel production, and expanding applications across industrial and pharmaceutical formulations. Favorable trade dynamics and technological advancements in refining are further enhancing global market competitiveness.
Latest News and Developments:
- July 2025: KRBL, best known for its India Gate rice, launched a new blended edible oil venture, aiming to generate INR 200–300 crore in revenue over three years. The “Gut Pro” variant blends 80% rice bran oil with 20% refined soybean oil, targeting health-conscious consumers.
- May 2024: India is expected to increase the purchase of soy oil in 2024, increasing the soy oil imports to 4.3 million metric tons.
- June 2023: The Government of India planned to reduce customs duty on soybean oil and sunflower oil imports to 12.5% from 17.5%.
Product Description
Refined soybean oil is a pale yellow, odorless liquid derived from the seeds of the soybean plant (Glycine max). The production process involves solvent extraction, followed by degumming, neutralization, bleaching, and deodorization to remove impurities and improve oxidative stability. The oil is rich in polyunsaturated fatty acids, particularly linoleic and linolenic acids, and contains natural antioxidants like tocopherols. It is extensively used in the food industry for cooking, frying, and salad dressings due to its high smoke point and neutral taste. Beyond culinary applications, refined soybean oil serves as a key feedstock for biodiesel production and is also utilized in cosmetics, lubricants, paints, and soaps. Its emollient properties make it valuable in pharmaceutical and personal care formulations. The product’s wide availability, cost-effectiveness, and favorable fatty acid profile continue to strengthen its position as one of the most consumed edible oils worldwide.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Refined Soybean Oil |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Refined soybean oil Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of refined soybean oil pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting refined soybean oil price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The refined soybean oil price charts ensure our clients remain at the forefront of the industry.
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