Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • Analysis
  • /
  • Article

China Oils Market Review:US biofuel blending news support oil markets

Source: Mysteel Jan 16, 2026 10:27
Share this with
X linkedin WeChat Copy this link
Plant Oil Demand Price Supply
The Trump administration plans to finalize the 2026 biofuel blending mandate by early March, with the overall scale largely following the previously proposed growth trajectory. However, it will abandon the punitive plan to slash subsidy credits for imported renewable fuels and their feedstocks. Following the news, buying interest in U.S. soybean oil accelerated, driving up domestic vegetable oil futures, with rapeseed oil showing the strongest rebound due to its significant use in U.S. biodiesel, which is particularly bullish for Canadian rapeseed oil. Soybean oil futures closed at Yuan 8,020/tonne during the night session. In the spot market, soybean oil basis remained stable to firm overall, with strong basis in East China and Guangxi due to tight shipments, supporting stronger prices in inland markets such as Sichuan and Chongqing. The Chengdu market, in particular, remains at an inverted price level, and prices are expected to stay firm in the near term. In northern markets, the ba

You May Also Like
  • China's rapeseed oil price at crossroads amidst policy shifts and tight stocks

    Jan 15, 2026 17:07

  • China Oils Market Review:Oil market traded weakly during overnight session

    Jan 15, 2026 09:48

  • China Oils Market Review:Due to the dash of Indonesia's B50 policy expectation,oil's fuutres prices suffered from a pullback

    Jan 14, 2026 10:10

  • China Oils Market Review:After bearish factors have been exhausted oil markets embracing an upward trend

    Jan 13, 2026 09:31

  • China Oils Market Review:Oil markets are waiting for the important report guide

    Jan 12, 2026 09:25

Price Curve
Daily Prices
  • Iron ore concentrates procurement prices: China's major mills

    Jan 16, 2026 19:17

  • Mysteel Iron Ore Index

    Jan 16, 2026 19:15

  • Imported iron ore prices: China's major cities

    Jan 16, 2026 18:10

  • Iron ore portside prices: Jingtang port

    Jan 16, 2026 18:04

  • Iron ore portside prices: Huanghua port

    Jan 16, 2026 18:00

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved.
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com