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China oils market daily: CBOT soybean price exert support to soybean oil prices

Source: Mysteel Feb 25, 2026 09:52
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Plant Oil Soybean Demand Price Supply
In night trading, soybean oil maintained a volatile and slightly firm trend. CBOT soybean futures prices rose, providing some support to soybean complex costs. Additionally, the market saw rumors of a small amount of soybean oil exports yesterday. In the spot market, purchasing was mainly for immediate needs yesterday, with trading volumes remaining low. Basis quotes on the trade side eased slightly, while most downstream participants remained on the sidelines for now. The total soybean crush volume at oil plants in February is estimated to be around 5 million tons for the full month, higher than pre-holiday expectations. This puts some short-term pressure on soybean oil basis, with attention needed on the recovery of downstream demand.

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