The weekly export sales report reissued by the US Department of Agriculture shows that as of the week of November 13, 2025, the net sales volume of soybean oil in the United States for the year 2025/26 was negative 13,345 tons, compared to 12,549 tons last week.
The net sales volume of soybean oil in the United States was negative 13,345 tons, a significant decrease from last week's 12,549 tons, indicating a sharp deterioration in international market demand, which may lead to inventory accumulation and oversupply, and negatively impact spot prices. Combined with the main soybean oil futures contract 2605 (closing price of 8,036 RMB/ton, up 38 RMB/ton), although it has recently risen, this news reflects weak fundamentals and is expected to increase downward pressure on futures, suppressing future price rebound space.
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