# Sinograin: Domestic soybean oil spot quotes fluctuate slightly this week

> Dalian soyoil main contract closed down 0.87% at 8,938 yuan a tonne on November 3 but was up 0.61% week on week. Coastal spot quotes for first-grade soyoil ranged from 8,950 to 9,190 yuan a tonne with little change. Domestic spot inventories are high.

- Date: 2026-11-04 · published 2026-11-04T06:06:27.217Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79164-sinograin-domestic-soybean-oil-spot-quotes-fluctuate-slightly-this-week
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

High domestic soyoil stocks and expected ample South American soybean supply are likely to keep Chinese soy oil and meal prices range-bound to weak. Lower oil prices ease input costs for feed and oil buyers.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- cnoil.com.cn: http://www.cnoil.com.cn/hyzx/9342.html

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