SunSirs: China's Soybean Oil Imports Increase by 22.5%
February 02 2026 15:43:30 SunSirs (Selena)
Customs data shows that the import volume of soybean oil in China from January to December 2025 was 350,000 tons, a year-on-year increase of 22.5%.
In 2025, the total import volume of soybean oil in China was 350,000 tons, a year-on-year increase of 22.5%, indicating a significant increase in supply. This news is negative for spot prices as import growth may lead to oversupply in the domestic market, suppressing the downward trend of spot prices. Combined with the recent market trend of soybean oil futures (such as the closing price of the main contract 2605 at 8,282 RMB/ton, settlement price at 8,310RMB/ton, down 42 points), import data has strengthened the expectation of loose supply, which may exacerbate short pressure on futures and push prices further down.
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