Global Soybean Oil price

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Wholesale prices of Soybean Oil

Recent wholesale prices

Over the past 4 weeks, the global wholesale price of Soybean Oil generally ranged from $1.39 USD per kg to $2.12 USD per kg, or from $0.63 USD per pound (lb) to $0.96 USD per pound (lb).

Period Period	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
Past 4 weeks	$1.39/kg	$0.63/lb	$2.12/kg	$0.96/lb

Historical wholesale price trends

The global wholesale price of Soybean Oil has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $1.43 USD per kg and $2.34 USD per kg. However, by 2024, wholesale prices declined to a new range of $1.29 to $2.29 USD per kg, signaling reduced demand or increased supply for Soybean Oil.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$1.29/kg	$0.59/lb	$2.29/kg	$1.04/lb
2023	$1.43/kg	$0.65/lb	$2.34/kg	$1.06/lb
2022	$1.69/kg	$0.77/lb	$2.61/kg	$1.18/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-01-23	-	$1.45/kg	BDT 17,475/100 L
2025-01-23	-	$1.42/kg	BDT 17,150/100 L
2025-01-23	-	$1.41/kg	BDT 17,050/100 L

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-01-17	-	$1.07/kg	BRL 6,500/1 mt
2025-01-17	-	$0.99/kg	BRL 6,000/1 mt
2025-01-17	-	$1.02/kg	BRL 6,180/1 mt

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-01-24	-	$1.14/kg	CNY 8.25/1 kg
2025-01-24	First Quality(grade)	$1.38/kg	CNY 10/1 kg
2025-01-24	First Quality(grade)	$1.59/kg	CNY 11.50/1 kg

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Access detailed domestic wholesale and farmgate prices for Soybean Oil, including the latest price trends, price indices, and price forecast charts. Perform flexible analysis with comprehensive global agri-food price data for Soybean Oil.

Farmgate prices of Soybean Oil

Recent farmgate prices

The global farmgate price of Soybean Oil over the past 4 weeks typically ranged from $1.05 USD per kg to $1.62 USD per kg, or from $0.48 USD per pound (lb) to $0.73 USD per pound (lb).

Period Period	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
Past 4 weeks	$1.05/kg	$0.48/lb	$1.62/kg	$0.73/lb

Historical farmgate price trends

The global farmgate price of Soybean Oil has shown fluctuations over the past two years, driven by shifting market conditions. In 2023, farmgate prices ranged between $0.91 USD per kg and $1.44 USD per kg. By 2024, this volatility continued, with farmgate prices fluctuating from $0.97 to $1.42 USD per kg, reflecting persistent price variability for Soybean Oil.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.97/kg	$0.44/lb	$1.42/kg	$0.64/lb
2023	$0.91/kg	$0.41/lb	$1.44/kg	$0.65/lb
2022	$1.37/kg	$0.62/lb	$2.11/kg	$0.96/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2024-12-30	Standard(grade)	$1.07/kg	EUR 1,030/1 mt

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-01-22	-	$1.38/kg	INR 1,192.50/10 kg
2025-01-22	-	$1.46/kg	INR 1,262.50/10 kg

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-01-17	-	$1.05/kg	UAH 43,800/1 mt

Export and import prices of Soybean Oil

Historical export and import price trends

The global export & import price of Soybean Oil has been on a downward trend in recent years, driven by changing market conditions. In 2023, export & import prices were between $0.97 USD per kg and $2.42 USD per kg. By 2024, these prices had fallen to a new range of $0.86 to $1.65 USD per kg, reflecting shifts in demand or supply for Soybean Oil.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.86/kg	$0.39/lb	$1.65/kg	$0.75/lb
2023	$0.97/kg	$0.44/lb	$2.42/kg	$1.10/lb
2022	$1.33/kg	$0.60/lb	$2.70/kg	$1.22/lb

Recent transaction records

On 2024-12-27, Soybean Oil reported as "[콩기름(대두유)] 대두유__RBD SOYBEAN OIL" was exported by a company in Vietnam to a company in South Korea.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-12-27	$000/kg	[콩기름(대두유)] 대두유__RBD SOYBEAN OIL	Company name	Vietnam	Company name	South Korea
2024-12-26	$000/kg	[콩기름(대두유)] 대두유__RBD SOYBEAN OIL	Company name	China	Company name	South Korea
2024-12-24	$000/kg	[콩기름(대두유)] 콩기름__REFINED SOYBEAN OIL	Company name	Germany	Company name	South Korea

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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FAQ for global Soybean Oil price

What is the HS code for Soybean Oil?

The HS code for Soybean Oil is 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, .

What varieties are there for Soybean Oil?

Tridge provides domestic price data for various Soybean Oil varieties, such as Cil, Alsol.

Where does Tridge source its price data?

Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.

How are the low and high prices for Soybean Oil calculated?

The low and high prices are based on global data for Soybean Oil during the selected period, showing the typical price range across countries after removing outliers. Please note that price trends may vary when analyzed in more detail, such as by specific countries, product varieties, or different timeframes.

How much price data is available for Soybean Oil on Tridge?

In the past 6 months, 198 Soybean Oil price entries were updated across 9 countries. Visit our Data Availability page to see which countries have recently updated prices.

How much transaction data is available for Soybean Oil on Tridge?

We have 93856 transaction records for Soybean Oil across 157 import countries and 90 export countries. Visit our About Transaction Data page to explore its features.