# China’s soybean oil prices remain under pressure from high stocks and weak demand

> 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.

- Date: 2026-10-30 · published 2026-10-30T10:05:24.257Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/2047-china-s-soybean-oil-prices-remain-under-pressure-from-high-stocks-and-weak
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-soybean-oil-prices-remain-under-pressure-from-high-stocks-and-weak-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.