RBD Soybean Oil prices across Asian markets followed a broadly mixed trajectory during the second half of 2025. Through the third quarter, prices trended lower across major markets. In India, the world's largest edible oil importer, softer prices prevailed as refiners sourced competitively priced cargoes from alternative origins. A notable trade development saw Indian buyers securing substantial shipments from China, which offered soybean oil at meaningful discounts to reduce excess domestic inventories. This temporary reversal of conventional trade flows displaced a portion of traditional South American imports and kept the regional market well supplied. Across Asia, trading conditions remained orderly with limited volatility, while Argentina's removal of export tariffs and subdued Chinese domestic demand added further downward pressure on global benchmarks.
The fourth quarter brought a shift in sentiment, as expectations of a tighter palm oil supply and anticipated biodiesel policy changes in Southeast Asia encouraged forward buying activity. Indian importers placed elevated purchase commitments extending into subsequent periods. However, rising domestic crushing output from the new crop season improved local availability, and weakening seasonal consumption softened import demand toward the end of the period, with some buyers cancelling or deferring near-term cargoes.
Analyst Insight
According to Procurement Resource, RBD Soybean Oil prices are expected to remain sensitive to biodiesel policy developments and South American crop progress in the near term. Import demand from India is likely to stay selective, with buyers balancing domestic availability against international pricing conditions.
Related Report
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
The global RBD soybean oil market exhibited a mixed yet moderately firm trend during Q2’25, shaped by policy interventions, shifting trade flows, and supply-demand imbalances. In Asia, particularly India, the market showed initial strength supported by steady domestic offtake and firm international demand. However, a mid-quarter reduction in import duties on crude edible oils altered procurement dynamics, prompting cautious buying behavior. Simultaneously, higher minimum support prices for soybeans increased feedstock costs, limiting downward corrections despite rising imports driven by weak domestic crushing margins and subdued soybean meal demand. In Europe, the market remained largely soft as elevated inventories from major exporting regions, supported by increased crushing activity in South America, exerted pressure on prices. Nevertheless, consistent demand from the biodiesel sector helped stabilize the market within a narrow range. In North America, the market displayed a fluctuating trend, with early support from tight supplies and steady demand offset by rising domestic processing and competitive imports from Brazil and Argentina, leading to softer sentiment toward the quarter’s end.
RBD Soybean Oil is a fully refined soybean oil that has been refined, bleached and deodourised in a continuous process beginning with the crushing of soybeans. Soybean oil has a high C18:2 linoleic acid composition. It is tasteless and odourless.
Resins, Paints and varnishes, Carrier fluids, Inks, Cooking and food applications, Pharmaceuticals, Cosmetics
Cargill, Incorporated, Wilmar International Ltd, The Adams Group, Inc., Gateway Food Products Co., Avatar Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Soybean oil is a vegetable oil which is extracted from the seeds of soybean. This form of soybean oil is refined, bleached and deodourised. Within the refining stage, the soybean oil is cleaned to remove remaining impurities and goes through degumming to remove lecithin.
The soybean oil then goes through a bleaching process to remove any pigments and residues left behind from the refining process. The final step in the process is deodourising the oil which is where volatile components are removed by steam distillation, thus, producing RBD Soybean Oil.
Senior Lead Analyst
Delivering procurement intelligence and commodity research across automotive, oil & gas, chemicals, aerospace, and energy, helping sourcing teams decode complex supply chain data to sharpen purchasing strategies and achieve sustainable cost outcomes.
Our Price Analysis Methodology
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
This report presents a cost analysis of syngas production from heavy fuel (heavy hydrocarbons)
This report provides the cost structure of LPG production by the petroleum refining process. In this process, the crude oil recovered is separated into oil and wet gas via a gas trap.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
