Soybean oil prices
Soybean oil is one of the world’s most widely used vegetable oils, playing a key role in food production, biofuels, and industrial applications. Our soybean oil prices track global trends across major producing regions such as the U.S., Brazil, and Argentina – and top consumers like China and India. Expana provides trusted, IOSCO-assured benchmark pricing, including daily price assessments across key global trade routes as well as future, forecasted soybean oil prices.
Expana – the IOSCO-assured global leader in soybean oil prices and market intelligence
Expana provides trusted, IOSCO-assured benchmark pricing for soybean oil, including daily assessments across key global trade routes and origins. With six EBPs and coverage spanning major producers such as the U.S., Brazil, and Argentina – and key importers like China and India – we offer reliable insight into one of the world’s most actively traded edible oils.
Our data covers a wide range of soybean oil grades and formats, from crude and RBD to hydrogenated and high-oleic oils. Expana also captures pricing trends across the broader vegetable oil complex, helping you understand how soybean oil interacts with palm, sunflower, and rapeseed oils in global food and biofuel markets.
- IOSCO-assured benchmark pricing across global markets
- forecast modules integrating macro, fundamental, and technical insights
- in-depth supply and demand data for soybeans and processed oil volumes
- coverage of crude, RBD, high-oleic, and organic soybean oil
- historical pricing and charting tools to monitor trends and volatility
- real-time updates on trade policy, tariffs, crop forecasts, and freight dynamics
Expana also enables detailed cost modeling for products such as margarine, baked goods, and biodiesel blends – helping you track ingredient-level input costs and evaluate procurement options in response to market shifts.
Looking for full insights on the soybean oil market? Get a demo today.
Unbiased and independent insights and analysis for the soybean oil industry
Trusted data and insights, backed by experts
With Expana, you can trust that our data has been thoroughly vetted by top market analysts to ensure it is both accurate and reliable.
Our soybean oil forecasting methodology
Expana’s soybean oil price forecasts are built on a structured methodology that integrates global market dynamics with commodity-specific fundamentals. We combine macroeconomic signals, supply-demand fundamentals, and technical analysis to deliver reliable, forward-looking insights for producers, buyers, and analysts.
- Macroeconomic analysis includes indicators like inflation, interest rates, energy markets, and currency movements, all of which impact input costs and trade competitiveness.
- Technical analysis uses tools such as moving averages, RSI, and MACD to identify price patterns and market momentum, supporting timing strategies for procurement or trading.
- Fundamental analysis focuses on soybean crop yields, crushing volumes, stock levels, and consumption trends in top producing and consuming regions. We also factor in substitution effects within the vegetable oil complex and monitor export restrictions, tariffs, and biofuel mandates.
This layered approach ensures Expana’s soybean oil forecasts are timely, data-driven, and actionable – supporting better planning, cost control, and risk mitigation across food, biofuel, and industrial markets.
Use cases
Sam Pearl
Former Senior Buying Manager, Tesco
Efficiency
Save time and improve productivity with our actionable insights.
Cost control
Navigate market challenges and maximize long-term success.
Profitability
Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.
Risk mitigation
Manage risks proactively and minimize your exposure to price fluctuations.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across the soybean oil industry, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.
Soybean Oil Market FAQs
Expana tracks multiple grades, including crude soybean oil, RBD (refined, bleached, deodorized) soybean oil, hydrogenated soybean oil, high-oleic soybean oil, and organic variants.
Yes. Expana provides forecast modules that incorporate macroeconomic, fundamental, and technical analysis to help stakeholders anticipate price movements and plan procurement strategies accordingly.
Prices are driven by supply volumes, weather in major growing regions, demand from food and biodiesel sectors, global trade flows, and competition within the vegetable oil complex. Policy shifts, such as export taxes or tariffs, also play a key role.
Soybean oil is part of the vegetable oil complex and is often substituted with palm, sunflower, or rapeseed oils in various applications. Price movements in one oil frequently impact the others due to their substitutability.
Soybean oil is widely used in cooking oils, salad dressings, margarine, baked goods, and snacks. It’s also a key feedstock for biodiesel production and has industrial uses in lubricants, inks, and solvents.
The U.S., Brazil, and Argentina are the top producers of soybean oil. China is the largest consumer, importing soybeans and processing them domestically to meet edible oil demand.