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Crude Soybean Oil imports reached the highest point and are expected to keep growing in the near future. In terms of value, imports of Crude Soybean Oil surged to $17M in October 2023.
In July 2023, the growth rate of Crude Soybean Oil exports reached its highest point with a month-on-month increase of 89%. The total value of these exports in September 2023 was $1.8M.
Between May 2023 and August 2023, the exports of Crude Soybean Oil experienced a slowdown in growth. The value of these exports significantly declined to $7.5M in August 2023.
In June 2023, the price of Crude Soybean Oil was $854 per ton (CIF, Poland), showing a decline of -2.5% compared to the previous month.
In March 2023, the price of Crude Soybean Oil leveled off at $1,309 per ton (CIF, India), remaining unchanged from the previous month.
In January 2023, the crude soybean oil price amounted to $1,293 per ton (FOB, Turkey), approximately equating the previous month.
In February 2023, the crude soybean oil price amounted to $1,173 per ton (FOB, Brazil), with a decrease of -6.9% against the previous month.
In February 2023 the price for crude soybean oil was $1,309 per ton (CIF, China), a decrease of -1.6% compared to the prior month.
In September 2022, the crude soybean oil price amounted to $1,685 per ton (FOB, Spain), shrinking by -4.4% against the previous month.