
China's soybean oil exports to India are surging, with a record 70,877 tonnes shipped in October and 329,000 tonnes in the first ten months of the year. Chinese soyoil is priced below South American supply and can reach India's east coast in 10-12 days versus 50-60 days from Brazil and Argentina.
Growing Chinese export flows divert soyoil into India at competitive prices, adding supply to the Asian vegetable oil market and pressuring South American soyoil premiums.
After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.