# China’s soybean oil exports could reach a record 1.35 mln tons

> China’s soybean oil exports are forecast to reach a record 1.35 million tonnes in MY 2026/27, supported by high soybean crushing and weaker domestic vegetable-oil demand. USDA FAS also raised its forecast for Chinese soybean imports to 110 million tonnes, while projecting soybean crushing at 106 million tonnes, below the prior season.

- Date: 2026-11-06 · published 2026-11-06T12:06:41.059Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/83789-china-s-soybean-oil-exports-could-reach-a-record-1-35-mln-tons
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Record exports would add Chinese soybean oil to global supplies and intensify competition with other vegetable oils, weighing on soybean oil prices. Lower domestic demand for vegetable oils and reduced imports also point to softer Chinese import demand for competing oils.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-05-12 | [Ukraine could beat own record in sunflower oil exports](https://feedsoft.ai/events/71119-ukraine-could-beat-own-record-in-sunflower-oil-exports.md) | +0.5% | +0.1% |
| SBO | 2026-09-30 | [BAGE forecasts Argentina’s soybean crop at 53.6 mln tons](https://feedsoft.ai/events/13774-bage-forecasts-argentina-s-soybean-crop-at-53-6-mln-tons.md) | +3.1% | +4.1% |
| SBO | 2024-12-19 | [US soybean oil sales plunge 91%, exports down 18% - The Jacobsen](https://feedsoft.ai/events/27050-us-soybean-oil-sales-plunge-91-exports-down-18-the-jacobsen.md) | -0.1% | +9.1% |
| SBO | 2019-11-25 | [AgriMarketing.com - U.S. Soybean Crushings Surge To Record Levels In October](https://feedsoft.ai/events/56126-agrimarketing-com-u-s-soybean-crushings-surge-to-record-levels-in-october.md) | -3.0% | +9.4% |
| SBO | 2025-04-30 | [US soybean oil consumption for RD production hits all-time low](https://feedsoft.ai/events/25203-us-soybean-oil-consumption-for-rd-production-hits-all-time-low.md) | -1.6% | -0.9% |
| PALMOIL | 2017-08-03 | [Indonesia's palm oil exports to hit record in 2017-2018 \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/69562-indonesia-s-palm-oil-exports-to-hit-record-in-2017-2018-agrifish-post-online.md) | -0.6% | +1.3% |
| PALMOIL | 2022-07-08 | [China's palm oil imports to avoid 17-year low, with soy imports to exceed forecasts too - Grain Price News](https://feedsoft.ai/events/14914-china-s-palm-oil-imports-to-avoid-17-year-low-with-soy-imports-to-exceed.md) | -8.7% | -9.2% |
| PALMOIL | 2022-03-24 | [Indonesian palm oil output, exports to hit record high in 2022-23 - Grain Price News](https://feedsoft.ai/events/15835-indonesian-palm-oil-output-exports-to-hit-record-high-in-2022-23-grain-price.md) | -0.9% | -4.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-soybean-oil-exports-could-reach-a-record-1-35-mln-tons/

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