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Commercial soybean oil stocks in China reached nearly 1.5 million metric tons, up 4.3% year on year, according to Mysteel. Crushing plants produced oil faster than they sold it, and soybean oil exports nearly tripled in the first nine months.
Dalian soybean oil futures fell as much as 1%.
A large Chinese oil surplus and higher exports add supply to global soybean oil markets, which is bearish for soyoil prices and could weigh on crush margins and meal values.
argenfields.comNewsroom ArgenFieldsNov 3, 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.
