Soybean Oil Prices

Soybean Oil Price Trend, Index and Forecast

Track the latest insights on 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.

Soybean Oil Prices Outlook Q4 2025

• USA: USD 1097/MT
• South Korea: USD 1206/MT
• China: USD 906/MT
• Brazil: USD 1139/MT
• Argentina: USD 1183/MT

Soybean Oil Price Chart

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During the fourth quarter of 2025, the soybean oil prices in the USA reached 1097 USD/MT in December. Prices increased as demand from food processing and biodiesel blending applications remained firm. Additionally, steady crushing activity and active export interest influenced market conditions, while buyers aligned procurement with routine replenishment needs and downstream production schedules.

During the fourth quarter of 2025, the soybean oil prices in South Korea reached 1206 USD/MT in December. Prices rose supported by consistent demand from food manufacturing and edible oil blending segments. Moreover, reliance on imports and stable consumption from institutional buyers shaped sourcing behavior, with procurement focused on maintaining supply continuity amid predictable demand.

During the fourth quarter of 2025, the soybean oil prices in China reached 906 USD/MT in December. Prices moved lower as buying interest from food processors and commercial users softened. Furthermore, adequate domestic availability and cautious inventory management influenced procurement decisions, with buyers limiting purchases to immediate operational requirements.

During the fourth quarter of 2025, the soybean oil prices in Brazil reached 1139 USD/MT in December. Prices edged higher driven by strong demand from export markets and domestic food processing sectors. In addition to this, active crushing operations and steady shipment activity shaped sourcing strategies, encouraging buyers to secure volumes aligned with trade commitments.

During the fourth quarter of 2025, the soybean oil prices in Argentina reached 1183 USD/MT in December. Prices advanced amid firm export demand and consistent consumption from industrial users. Apart from this, supply-side discipline and coordinated logistics influenced procurement planning, with buyers aligning sourcing closely with shipment schedules and downstream requirements.

Soybean Oil Prices Outlook Q3 2025

• USA: USD 1024/MT
• South Korea: USD 1157/MT
• China: USD 918/MT
• Brazil: USD 1062/MT
• Argentina: USD 1074/MT

During the third quarter of 2025, the soybean oil prices in the USA reached 1024 USD/MT in September. Prices increased supported by firm demand from biodiesel blending and food processing applications. Additionally, active crushing operations and steady export interest influenced procurement behavior, while buyers aligned sourcing with downstream production schedules and routine replenishment cycles.

During the third quarter of 2025, the soybean oil prices in South Korea reached 1157 USD/MT in September. Prices increased driven by front-loaded import purchasing and strategic stock building by refiners. Moreover, forward booking activity intensified amid expectations of firmer global oilseed fundamentals, encouraging buyers to lock in supply early.

During the third quarter of 2025, the soybean oil prices in China reached 918 USD/MT in September. Prices declined as buying interest from food processors and commercial users softened. Furthermore, comfortable domestic availability and cautious inventory management influenced procurement strategies, with purchases limited to immediate operational requirements.

During the third quarter of 2025, the soybean oil prices in Brazil reached 1062 USD/MT in September. Prices rose supported by aggressive export commitments and firm international demand for vegetable oils. In addition to this, logistical bottlenecks at ports tightened prompt availability, encouraging buyers to secure shipment-linked volumes.

During the third quarter of 2025, the soybean oil prices in Argentina reached 1074 USD/MT in September. Prices edged higher supported by firm export inquiries and consistent demand from industrial users. Apart from this, supply-side discipline and structured shipment scheduling influenced procurement planning, with buyers aligning sourcing closely with trade flows.

Soybean Oil Prices Outlook Q2 2025

• USA: USD 940/MT
• South Korea: USD 1120/MT
• China: USD 925/MT
• Brazil: USD 960/MT
• Argentina: USD 958/MT

During the second quarter of 2025, the soybean oil prices in the USA reached 940 USD/MT in June. As per the soybean oil price chart, prices moved upward, supported by a mix of policy shifts, strong global demand, and persistent supply constraints. The cost of production rose during the quarter, pressured by higher freight expenses and reduced margins at crushing facilities. Weather-related planting delays in the Midwest further restricted oilseed availability, tightening the raw material supply chain.

During the second quarter of 2025, the soybean oil prices in South Korea reached 1120 USD/MT in June. Demand within South Korea remained cautious. The food processing industry kept procurement limited to immediate needs, avoiding large stockpiles amid economic uncertainty. The industrial segment, particularly tied to biofuel blending, was restrained by the fall in crude oil values, which discouraged uptake and eroded incentives for soybean oil usage. Importers also leaned toward cheaper substitutes like palm oil, further undermining the position of soybean oil in the domestic market.

During the second quarter of 2025, soybean oil prices in China reached 925 USD/MT in June. Soybean oil prices in China moved consistently lower, weighed down by oversupply and subdued demand both at home and abroad. Crushing volumes reached record highs, which flooded the market with excess oil and left processors struggling to find adequate outlets. Export opportunities were limited as international buyers showed little appetite, keeping prices under pressure and leaving Chinese sellers in a highly competitive position.

During the second quarter of 2025, the soybean oil prices in Brazil reached 960 USD/MT in June. Currency fluctuations and weather variability continued to inject uncertainty into Brazil’s production cost base, influencing how crushers managed margins and adjusted operations. However, efficiencies in logistics during June allowed exporters to meet strong external demand with greater reliability, offsetting earlier constraints seen in transport and supply chain flows. This adaptability contributed to a firmer close to the quarter, with export-linked pricing momentum outweighing the bearishness that dominated mid-quarter.

During the second quarter of 2025, the soybean oil prices in Argentina reached 958 USD/MT in June. Soybean oil prices in Argentina followed a turbulent course, shaped by shifting policy, weather-related production factors, and swings in international demand. The quarter began with limited harvest availability and cautious crushing operations, which lent firmness to early pricing. The turning point came in June, when Argentina’s exporters accelerated shipments ahead of anticipated increases in export duties.

Soybean Oil Prices Outlook Q1 2025

• USA: USD 1015/MT
• China: USD 947/MT
• India: USD 1562/MT
• Argentina: USD 976/MT
• Brazil: USD 937/MT

During the first quarter of 2025, the soybean oil prices in the USA reached 1015 USD/MT in March. As per the soybean oil price chart, lower domestic soybean output and yields led to tighter supply and pricing conditions for the market. Demand stayed constant in spite of this, propelled by robust exports and biodiesel industry consumption. Price increases were also caused by shipping delays and growing expenses.

During the first quarter of 2025, the soybean oil prices in China reached 947 USD/MT in March. ​China's soybean oil prices surged sharply as a result of delayed imports and elevated domestic demand. The supply chain was further stretched by the ongoing trade disputes and increased production costs. These elements, along with a dearth of substitutes, caused prices to rise steadily.

During the first quarter of 2025, the soybean oil prices in India reached 1562 USD/MT in March. Due to limited supply, the prices rose across the country. Moreover, the situation worsened by a decline in imports and a hike in domestic demand, particularly in the food and biodiesel industries. Price hikes were also exacerbated by production cost increases and shipping delays.

During the first quarter of 2025, the soybean oil prices in Argentina reached 976 USD/MT in March. Unfavorable weather conditions affected Argentina's soybean oil market, resulting in decreased production and lower soybean yields. Due to competitive pricing, demand remained high, especially for export markets. Besides, price increases were caused by inflationary pressures and rising input costs.

During the first quarter of 2025, the soybean oil prices in Brazil reached 937 USD/MT in March. Strong export demand and currency depreciation caused price rises in the first quarter of 2025. Due to balanced inventories, pricing trends stayed steady in spite of inflationary pressures and growing production costs. However, expectations of sustained price support due to robust exports and continuous supply restrictions defined the market's modestly upbeat outlook.

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 soybean oil prices.

Europe Soybean Oil Price Trend

Q4 2025:

As per the soybean oil price index, European prices were impacted by demand from food processing, edible oil blending, and specialty food applications remained steady, while reliance on imports influenced sourcing patterns. Apart from this, cost dynamics across the broader vegetable oil complex shaped procurement strategies. Buyers emphasized contract-based purchasing and quality compliance, with intra-regional distribution networks supporting consistent material movement for retail and industrial consumption.

Q3 2025:

European soybean oil prices were influenced by competitive import pricing from global suppliers and steady consumption across packaged food and industrial segments. Additionally, buyers focused on optimizing blending ratios within the broader vegetable oil basket, adjusting sourcing based on relative price competitiveness rather than directional momentum.

Q2 2025:

European soybean oil prices moved on a slightly upward path overall, but the movement was uneven and shaped by conflicting forces. As the quarter progressed, however, fresh harvest projections in Ukraine pointed to record soybean output, which encouraged processors to increase crushing activity and expand oil availability. The sudden growth in supply created a drag on prices, particularly in June, when seasonal slowdowns in domestic consumption and reduced margins in the biofuel blending sector coincided with falling global crude oil prices. This combination softened demand and triggered a modest correction, despite the earlier quarter gains. On the production side, costs were influenced by shifting processing capacity away from sunflower seeds toward soybeans, a move that required new investments and brought higher operating expenses. Inflationary pressures on utilities and labor further weighed on production economics, limiting the ability of suppliers to fully capitalize on periods of stronger demand.

Q1 2025:

As per the soybean oil price index, a complex combination of factors influencing supply and demand defined the market. Even though supply was expected to beat demand in some months, high input costs and unstable geopolitical conditions drove production and export costs. Price pressures were also being maintained by biodiesel mandates and stronger usage in significant importing regions. Throughout the quarter, these elements worked together to provide a cautious yet firm market sentiment with expectations of further price support.

This analysis can be extended to include detailed soybean oil price information for a comprehensive list of countries.

North America Soybean Oil Price Trend

Q4 2025:

As per the soybean oil price index, prices in North America increased amid firm demand from food manufacturing and biodiesel blending activities. Furthermore, stable crushing operations and active export participation shaped supply availability. Buyers coordinated procurement with downstream production schedules, supported by efficient logistics infrastructure and established domestic distribution channels.

Q3 2025:

Prices in North America increased, supported by strong demand from biodiesel blending and food manufacturing applications. Apart from this, active futures market participation influenced pricing benchmarks, while buyers structured procurement around hedging strategies and forward coverage to manage volatility exposure. Buyers coordinated procurement with downstream processing requirements, relying on efficient logistics networks and structured distribution channels to maintain consistent material flow.

Q2 2025:

As per the soybean oil price index, prices advanced steadily with momentum supported by firm demand and tightening supply. Export interest was strong, particularly from Asia, which helped offset domestic supply constraints and kept trade flows vibrant. At the same time, the US maintained a competitive edge in the global market, with subdued soybean availability elsewhere and favorable pricing differentials allowing American volumes to capture greater market share abroad. Policy played a decisive role in shaping sentiment during the quarter. The Environmental Protection Agency’s proposal to raise biofuel blending mandates fueled optimism in the energy-linked vegetable oil complex. This policy backdrop encouraged speculative buying and a notable buildup of net long positions in soybean oil futures, reinforcing the bullish trajectory. The outlook for biodiesel blending remained a major factor underpinning prices, with refiners and blenders boosting procurement to align with anticipated compliance requirements.

Q1 2025:

Tightening supply dynamics were affecting the market as soybean production was hampered by lower yields and smaller planting areas. Demand was nevertheless strong in spite of these obstacles due to the growing biodiesel sector usage and ongoing import requirements from sizable foreign consumers. Besides, the market attitude was cautious at first as inventory levels were lowered, but when supply concerns increased and export competitiveness recovered due to the declining US currency, the outlook became more positive.

Specific soybean oil historical data within the United States and Canada can also be provided.

Middle East and Africa Soybean Oil Price Trend

Q4 2025:

As per soybean 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.

Q3 2025:

The report explores the soybean oil pricing trends and soybean 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 soybean oil prices for countries can also be provided.

Asia Pacific Soybean Oil Price Trend

Q4 2025:

Across Asia Pacific, soybean oil prices showed mixed movement, shaped by divergent demand conditions across food manufacturing, institutional consumption, and retail distribution. Moreover, adequate supply availability and disciplined inventory management influenced sourcing behavior. Buyers balanced spot purchases with contractual volumes, aligning procurement with short-cycle demand patterns and consumption requirements.

Q3 2025:

In the Asia Pacific region, soybean oil prices showed mixed trends, influenced by varied consumption patterns across food manufacturing, institutional buyers, and retail segments. In addition to this, domestic crushing activity and import availability shaped supply dynamics within the region. Trade flows remained dynamic, with procurement decisions tied closely to international benchmark movements.

Q2 2025:

Soybean oil prices in Asia Pacific tracked a steady downward path as oversupply continued to overshadow demand. The surge in crushing activity within China created a glut of soybean oil, which quickly outpaced regional consumption. With international buyers being hesitant, and many turning toward cheaper alternatives like palm oil, export prices came under pressure. The competitive global environment forced Chinese processors to prioritize moving large volumes rather than securing favorable margins, deepening the softness in regional pricing. The cost side of production did not provide any meaningful support. Refinery throughput also faced interruptions from logistical delays, further complicating attempts to stabilize margins.

Q1 2025:

A mix of strong demand and tightened supply influenced the market. Regional procurement efforts were heightened by trade disputes and changed sourcing tactics, which were made worse by the dearth of alternative oils and shipment delays from major suppliers. Rising production costs and inflationary pressures continued to limit supply, while downstream industries maintained robust demand, especially in the markets for food and biodiesel. As the quarter progressed, careful inventory restocking and hoarding tactics helped to maintain the market's generally positive outlook.

This soybean oil price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Soybean Oil Price Trend

Q4 2025:

Regional market assessments across Latin America indicated an upward movement in soybean oil prices, supported by strong export demand and steady domestic consumption from food processing sectors. Additionally, active crushing activity and logistics coordination influenced procurement planning. Buyers aligned sourcing decisions with trade flows and operational schedules, while inventory strategies focused on maintaining continuity.

Q3 2025:

Prices across Latin America edged upward, supported by strong export demand and steady domestic processing activity. Additionally, crushers prioritized overseas shipments over domestic allocations, influencing internal availability. Buyers aligned sourcing with export timelines, reflecting the region’s role as a major supplier within global vegetable oil trade networks.

Q2 2025:

As per the soybean oil price index, prices in Latin America reflected a tug-of-war between shifting supply dynamics, government policy actions, and changing global demand conditions. Early in the quarter, prices held firm as limited harvest volumes and restrained crushing activity created a sense of tightness. By June, the market reversed course. Argentina emerged as the central driver of the rebound, with producers ramping up output in response to favorable margins and upcoming increases in export duties. This spurred a rush of shipments, creating both momentum and urgency in the market. The near-full utilization of processing capacity allowed Argentina to push record volumes into global channels, aided by improved logistics that cleared earlier bottlenecks. Export-driven incentives reshaped the regional price environment, pulling soybean oil higher despite broader global volatility.

Q1 2025:

As per the soybean oil price index, the market was supported by robust demand, especially from the food and biodiesel industries. However, the region's supply was limited by unfavorable weather and growing production expenses, which caused export prices to rise. Besides, the depreciation of local currencies in key producing nations also increased the cost of domestic production. Traders' cautious stockholding tactics helped to maintain a generally favorable market attitude as the quarter went on.

This comprehensive review can be extended to include specific countries within the region.

Soybean Oil Pricing Report, Market Analysis, and News

IMARC's latest publication, “Soybean Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the soybean oil market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of soybean oil at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed soybean oil prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting 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.

Soybean Oil Industry Analysis

The global soybean oil industry size reached 63.4 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 73.2 Million Tons, at a projected CAGR of 1.57% during 2026-2034. Market growth is driven by sustained demand from food processing and edible oil applications, steady utilization in biodiesel production, expanding consumption across emerging economies, and the continued importance of soybean oil within the global vegetable oil supply chain.

Latest News and Developments:

• December 2025: Vietnam Agribusiness Limited (VAL) opened the second production line at its soybean crushing complex in Ba Ria-Vung Tau, Vietnam, increasing total processing capacity to 3,000 tons of soybeans per day. The expansion supports production of soybean meal and crude soybean oil for the domestic feed and food industries and strengthens Vietnam’s supply of locally processed oilseed products.

Product Description

Soybean oil refers to a kind of vegetable oil acquired from the seeds of soybeans, one of the most regularly cultivated legumes worldwide. This oil is extracted by crushing or pressing soybean seeds and put through vigorous refining processes to remove harmful impurities and improve its quality.

Soybean oil’s neutral flavor and odor, ease of mixing, and prospective health benefits make it an important ingredient employed in cooking and food production processes. It is regularly used for frying, baking, sautéing, and making salad dressings owing to its high smoke point. Along with this, this oil’s neutral taste helps it to mix well with an array of edible ingredients, making it a broadly popular choice in commercial as well as home kitchens. Soybean offers excellent content of polyunsaturated fats, especially omega-6 fatty acids alongside vitamin E, an antioxidant known for many health benefits.

In addition to its culinary uses, it serves as the foundation for biodiesel production, giving a green and renewable alternative to fossil fuels. Additionally, it is included in formulations used in the production of cosmetics, medications, and as an ingredient in animal feed.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of soybean oil price index, 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 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 soybean oil price chart ensure our clients remain at the forefront of the industry.