# Soybean oil benchmark price at 9090.00 yuan/ton on November 3

> On November 3, the Shanghai-based Shengyishe benchmark price for soybean oil was 9090.00 yuan per ton, up 0.09% from 9082.00 at the start of the month. The price sits near the top of its one-year range of 8124 to 9250 yuan per ton.

- Date: 2026-11-03 · published 2026-11-03T06:06:00.051Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77031-soybean-oil-benchmark-price-at-9090-00-yuan-ton-on-november-3
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A benchmark price with only a marginal daily change signals routine trading with no new supply or demand driver. Prices remain high in the annual range, which keeps Chinese soybean oil costs elevated for feed-adjacent processors.

## Read by commodity

- SBO: neutral

## Sources

- 100ppi.com: https://www.100ppi.com/news/detail-20261103-6433236.html

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