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Price for Soybean Oil in India

Get price analysis and market insights for India Soybean Oil with Tridge.

Wholesale prices of Soybean Oil in India

Recent wholesale prices

Over the past 4 weeks, the wholesale price of India Soybean Oil has typically been between $1.61 and $2.02 USD per kg, or $0.73 to $0.92 USD per pound (lb).
These prices are based on reports from regions such as Kolkata, West Bengal, Jaipur, Rajasthan, Delhi, Jammu, Patna, Bihar
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
$1.61/kg
$0.73/lb
$2.02/kg
$0.92/lb

Historical wholesale price trends

The wholesale price of India Soybean Oil has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $1.55 USD per kg and $2.30 USD per kg. However, by 2024, wholesale prices declined to a new range of $1.43 to $2.28 USD per kg, signaling reduced demand or increased supply for India 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
$1.43/kg
$0.65/lb
$2.28/kg
$1.03/lb
2023
$1.55/kg
$0.70/lb
$2.30/kg
$1.04/lb
2022
$1.75/kg
$0.79/lb
$2.52/kg
$1.14/lb

Recently updated wholesale prices

Recent wholesale price of Soybean Oil in India was 12,967.33 INR per 100 kg, reported on 2024-12-07.
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2024-12-07
-
$1.53/kg
INR 12,967.33/100 kg
2024-12-07
-
$1.52/kg
INR 12,852.07/100 kg
2024-12-07
-
$1.64/kg
INR 13,914.50/100 kg
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Farmgate prices of Soybean Oil in India

Recent farmgate prices

In the past 4 weeks, the farmgate price of Soybean Oil in India has generally ranged from $1.39 to $1.48 USD per kg, or $0.63 to $0.67 USD per pound (lb).
These prices are based on reports from regions including Indore.
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
$1.48/kg
$0.67/lb

Historical farmgate price trends

The farmgate price of India Soybean Oil has shown an upward trend over the past two years, indicating changes in market supply and demand. In 2023, farmgate prices ranged from $1.08 to $1.46 USD per kg. By 2024, farmgate prices rose to a new range of $1.09 to $1.59 USD per kg, reflecting continued growth in the value of India 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
$1.09/kg
$0.49/lb
$1.59/kg
$0.72/lb
2023
$1.08/kg
$0.49/lb
$1.46/kg
$0.66/lb
2022
$1.54/kg
$0.70/lb
$2.11/kg
$0.96/lb

Recently updated farmgate prices

Recent farmgate price of India Soybean Oil was 1,282.50 INR per 10 kg, reported on 2025-03-15.
See the table below for more recent farmgate prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-03-15
-
$1.48/kg
INR 1,282.50/10 kg
2025-03-15
-
$1.41/kg
INR 1,222.50/10 kg

Export prices of Soybean Oil in India

Historical export price trends

The export price of Soybean Oil from India has experienced fluctuations over the past two years, in line with shifting market trends. In 2023, export prices varied between $1.16 USD per kg and $2.36 USD per kg. By 2024, the price volatility remained, with export prices ranging from $1.04 USD to $2.36 USD per kg, reflecting ongoing market instability for India Soybean Oil exports.
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
$1.04/kg
$0.47/lb
$2.36/kg
$1.07/lb
2023
$1.16/kg
$0.53/lb
$2.36/kg
$1.07/lb
2022
$1.79/kg
$0.81/lb
$2.78/kg
$1.26/lb

Recent export records

On 2025-02-24, Soybean Oil reported as "REFINED SOYABEAN OIL (EDIBLE GRADE) PKDAS PER INV" was exported by a company in India to a company in Malaysia.
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
2025-02-24
$000/kg
REFINED SOYABEAN OIL (EDIBLE GRADE) PKDAS PER INV
Company name
India
Company name
Malaysia
2025-02-22
$000/kg
REFINED SOYABEAN OIL (EDIBLE GRADE) PKDAS PER INV
Company name
India
Company name
Malaysia
2025-02-22
$000/kg
REFINED SOYABEAN OIL (EDIBLE GRADE) PKDAS PER INV
Company name
India
Company name
Malaysia
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Soybean Oil in India

Historical import price trends

The import price of Soybean Oil to India has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $1.07 USD per kg to $2.18 USD per kg. By 2024, prices had dropped to a new range of $0.94 to $1.04 USD per kg, reflecting changes in demand or supply for Soybean Oil in India.
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
$0.94/kg
$0.43/lb
$1.04/kg
$0.47/lb
2023
$1.07/kg
$0.48/lb
$2.18/kg
$0.99/lb
2022
$1.70/kg
$0.77/lb
$2.20/kg
$1/lb

Recent import records

On 2025-02-21, Soybean Oil reported as “ACEITE DE SOJA EN BRUTO” was imported by a company in India from a company in Uruguay.
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
2025-02-21
$000/kg
ACEITE DE SOJA EN BRUTO
Company name
Uruguay
Company name
India
2025-02-18
$000/kg
ACEITE DE SOJA EN BRUTO
Company name
Uruguay
Company name
India
2025-01-31
$000/kg
CRUDE DEGUMMED SOYABEAN OIL OF EDIBLE GRADE IN BULK (FIT FORHUMAN CONSUMPTION AFTER APPROPRIATE REFINING)
Company name
Iraq
Company name
India
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

FAQ for Soybean Oil price in India

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, .
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 India Soybean Oil calculated?
The low and high prices are calculated from India data for Soybean Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Soybean Oil on Tridge?
In the past 6 months, 68 Soybean Oil price entries were updated for India.
How much transaction data is there for Soybean Oil in India in Tridge?
We have 46448 transaction records for Soybean Oil in India. Visit our About Transaction Data page to explore its features.

Soybean Oil prices in other countries

Explore the prices of Soybean Oil across different countries
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