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Chinese soybean oil averaged 9,050 yuan/t on October 28, up 0.6% from the start of the month, amid high commercial inventories of 1.45-1.50 million tons. Weak domestic demand and cheaper palm oil competition are limiting any sustained recovery.
Large stocks from heavy September soybean imports and weak food-processor purchasing keep China's oil prices capped, reducing crush margins and soybean meal output incentives.
ukragroconsult.comOct 30, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
