# China stockpiled nearly 1.5 million metric tons of soybean oil

> 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%.

- Date: 2026-11-03 · published 2026-11-04T09:06:12.652Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79444-china-stockpiled-nearly-1-5-million-metric-tons-of-soybean-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼

## Sources

- argenfields.com: https://www.argenfields.com/en/noticias/china-acumulo-casi-1-5-millon-de-toneladas-de-aceite-de-soja-bc6034

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