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

Mysteel oils market daily: Vegetable oil prices followed crude oil prices lower

Source: Mysteel May 07, 2026 10:44
Share this with
X linkedin WeChat Copy this link
Plant Oil Demand Price Supply
As for soybean oil, open interest continues to rise with prices moving higher. The overall trend for vegetable oils remains bullish. Currently, soybean oil prices are relatively low compared to other vegetable oils, making it a safer choice for funds from both spread and valuation perspectives. On the spot side, basis was steady to softer yesterday, with more notable declines in the Sichuan-Chongqing inland region due to strong expectations of future supply. However, inventories continued to decline before the holiday, especially in East China, where crude soybean oil exports have left total stocks relatively tight. For JuneSeptember trade, market quotes are around Yuan +200220/tonne over Y2609, suggesting limited further downside.

You May Also Like
  • Mysteel oils market daily: Vegetable oil night trading saw narrow fluctuations; new soybean oil export shipments were reported

    May 09, 2026 09:56

  • Mysteel daily China imported soybean crush margin tracking

    May 08, 2026 14:29

  • Mysteel oils market daily: Oil prices fluctuated downward in the night session as the market reacted to the U.S.-Iran truce

    May 08, 2026 09:49

  • Mysteel daily China imported soybean crush margin tracking 20260507

    May 07, 2026 14:44

  • A Glance of China Edible oils Market Weekly 20260506

    May 07, 2026 08:37

Price Curve
Daily Prices
  • Imported iron ore prices: China's major cities

    May 09, 2026 18:11

  • Iron ore portside prices: Dalian port

    May 09, 2026 18:07

  • Iron ore portside prices: Jingtang port

    May 09, 2026 18:01

  • Iron ore portside prices: Huanghua port

    May 09, 2026 18:01

  • Iron ore portside prices: Lanqiao Port

    May 09, 2026 17:56

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com