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Soybean Oil Price in China Rises 1.4% to USD 1,377/tonne

Soybean oil in China reached USD 1,377/tonne on 2026-09-07, a new 52-week high after gains across the week, month, quarter and year.

Published 2026-09-10 · market: China

Soybean oil prices in China stood at USD 1,377/tonne as of 2026-09-07, up 1.4% from USD 1,357/tonne on 2026-08-31. The latest quotation matches the 52-week high for the commodity. The 52-week low was USD 1,146/tonne on 2025-09-23.

The weekly move sits within a longer advance. The price is up 8.8% month on month from USD 1,265/tonne on 2026-08-07, up 11.0% quarter on quarter from USD 1,240/tonne on 2026-06-09, and up 15.2% year on year from USD 1,195/tonne on 2025-09-05.

Claight market monitoring shows commercial soybean oil inventories in China reached approximately 1.4 million tonnes as of August 20, 2026, a 5% year-on-year increase. Claight market monitoring also recorded that China's domestic commercial soybean oil average market price rose to 9,120 RMB/ton by the end of the month, as of August 31, 2026.

On the supply side, the USDA Foreign Agricultural Service reported on September 2, 2026 that private exporters had sold 192,000 metric tons of soybeans for delivery to China.

Soybean OilChinaSoybean Oil priceSoybean Oil price in Chinacommodity pricesSeptember 2026

Prices are Claight's own series for Soybean Oil in China, 281 observations to 2026-09-07. Every figure in this report is computed from that series; percentage moves compare the same quoted market with itself. Causes were researched against public sources. Changes and averages are Claight Analysis.