Get price analysis and market insights for Thailand Soybean Oil with Tridge.
Wholesale prices of Soybean Oil in Thailand
Historical wholesale price trends
The wholesale price of Thailand Soybean Oil has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $0.58 USD per kg and $0.81 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $0.61 USD to $0.64 USD per kg, highlighting ongoing price variability for Thailand 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
$0.61/kg
$0.28/lb
$0.64/kg
$0.29/lb
2023
$0.58/kg
$0.26/lb
$0.81/kg
$0.37/lb
2022
$0.61/kg
$0.27/lb
$0.77/kg
$0.35/lb
Recently updated wholesale prices
Recent wholesale price of Soybean Oil in Thailand was 22.75 THB per 1 kg, reported on 2024-06-26.
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
2024-06-26
-
$0.62/kg
THB 22.75/1 kg
2021-10-11
Moisture: <30%(grade)
$0.56/kg
THB 18.79/1 kg
2019-12-01
Moisture: <30%(grade)
$0.61/kg
THB 18.50/1 kg
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Export prices of Soybean Oil in Thailand
Historical export price trends
The export price of Soybean Oil from Thailand has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.16 USD per kg and $1.77 USD per kg. By 2024, these prices had fallen to a new range of $1.03 to $1.24 USD per kg, reflecting shifts in demand or supply for Thailand 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
$1.03/kg
$0.47/lb
$1.24/kg
$0.56/lb
2023
$1.16/kg
$0.53/lb
$1.77/kg
$0.80/lb
2022
$1.59/kg
$0.72/lb
$2.30/kg
$1.04/lb
Recent export records
On 2025-02-25, Soybean Oil reported as "[콩기름(대두유)] 정제 대두유__REFINED SOYBEAN OIL" was exported by a company in Thailand 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
2025-02-25
$000/kg
[콩기름(대두유)] 정제 대두유__REFINED SOYBEAN OIL
Company name
Thailand
Company name
South Korea
2025-02-25
$000/kg
[콩기름(대두유)] 정제 대두유__REFINED SOYBEAN OIL
Company name
Thailand
Company name
South Korea
2025-02-04
$000/kg
[콩기름(대두유)] 대두유__REFINED SOY BEAN OIL
Company name
Thailand
Company name
South Korea
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FAQ for Soybean Oil price in Thailand
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 Thailand Soybean Oil calculated?
The low and high prices are calculated from Thailand 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, 10 Soybean Oil price entries were updated for Thailand.
How much transaction data is there for Soybean Oil in Thailand in Tridge?
We have 1460 transaction records for Soybean Oil in Thailand. Visit our About Transaction Data page to explore its features.
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