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Analysts expected US net soybean oil export sales for the week ended October 29, 2026 to fall between 0 and 10,000 tonnes, down from 11,600 tonnes the previous week. Dalian soybean oil main contract 2701 closed at 8,817 yuan/tonne on November 4, down 119 yuan/tonne.
Weak export demand for US soybean oil weighs on global and domestic soybean oil prices, and the lower Dalian futures close signals near-term pressure on soybean oil values.
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.