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Mysteel oils market daily: Soybean oil experienced narrow fluctuations during night trading

Source: Mysteel Mar 19, 2026 09:45
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Plant Oil Demand Price Supply
Although crude oil prices have risen, the increase in domestic vegetable oil has been limited, and the spread between rapeseed oil and palm oil has quickly corrected, widening to around Yuan 60/tonne. In the spot market, considering that supply will gradually decrease in the second half of March, basis quotes saw a slight uptick yesterday. However, overall market transactions remained subdued, awaiting the sentiment spread after the supply reduction takes effect.

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