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Argentine soybean oil FOB Up River prices for September loading moved only slightly during a four-day maritime pilotage strike that ended Aug. 5.
Platts assessed prices at $1,190.28/mt on Aug. 3 and $1,193.14/mt on Aug.
5, a rise of about $2.86/mt. The pilots resumed work after the government withdrew a deregulation decree and accepted a 20% cut in service tariffs.
Exporters treated the stoppage as a short-term logistics issue rather than a supply loss, so physical soybean oil availability and export basis stayed stable. Price impact was limited, and the market is likely to stay neutral unless delays return.
spglobal.comPhillip HerringAug 5, 2026After 13 past neutral logistics events, Soybean Oil moved a median -0.4% over 5 sessions (38% higher; middle half -0.9% to +0.7%), and +2.0% 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.
