# Imports of soybean oil increased by 21.53% in the first 10 months compared with the same period last year

> China imported 95,900 tonnes of soybean oil in October, and imports for January–October were 21.53% higher than a year earlier. Over the same ten-month period, palm oil imports fell 10.93% year on year, while rapeseed oil imports declined sharply; domestic soybean prices in Heilongjiang remained weak amid cautious buying.

- Date: 2026-11-08 · published 2026-11-08T06:06:13.637Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/87004-imports-of-soybean-oil-increased-by-21-53-in-the-first-10-months-compared-with
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher Chinese soybean-oil imports add to available edible-oil supply and may weigh on soybean-oil prices, while lower palm-oil imports could partly offset pressure in the broader vegetable-oil market.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-10-14 | [CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand \| Biodiesel Magazine](https://feedsoft.ai/events/15175-cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand.md) | -3.1% | +11.3% |
| SBO | 2024-04-04 | [Used Cooking Oil Imports for Biofuels Exceed Expectations - American Soybean Association](https://feedsoft.ai/events/15225-used-cooking-oil-imports-for-biofuels-exceed-expectations-american-soybean.md) | -0.4% | -9.1% |
| SBO | 2026-10-21 | [Argentina plans to increase soybean crush and exports in 2026/27](https://feedsoft.ai/events/13773-argentina-plans-to-increase-soybean-crush-and-exports-in-2026-27.md) | +0.5% | — |
| SBO | 2019-07-03 | [ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel.md) | +1.1% | +0.3% |
| SBO | 2021-10-27 | [Black Sea region: competition for the buyer in the sun oil market will continue in the new season 27.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44660-black-sea-region-competition-for-the-buyer-in-the-sun-oil-market-will-continue.md) | -1.6% | -4.9% |
| PALMOIL | 2019-08-20 | [In recent months, Iran significantly increased the imports of vegetable oils and meals](https://feedsoft.ai/events/57688-in-recent-months-iran-significantly-increased-the-imports-of-vegetable-oils-and.md) | +1.6% | +4.4% |
| PALMOIL | 2020-08-05 | [Palm Oil Imports by Biggest Buyer Expected to Hit 10-Month High - Bloomberg](https://feedsoft.ai/events/6795-palm-oil-imports-by-biggest-buyer-expected-to-hit-10-month-high-bloomberg.md) | -2.9% | +2.7% |
| PALMOIL | 2017-07-20 | [Palm oil exports increase by just 2 percent: GAPKI](https://feedsoft.ai/events/69835-palm-oil-exports-increase-by-just-2-percent-gapki.md) | +1.2% | +3.8% |

## Sources

- mysheen.com: https://www.mysheen.com/a6335

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