Argentina’s Soya Oil Exports May Drop Amid Low Soybean Crushing

08-Sep-2025 06:21 PM

Mumbai. In the Latin American country Argentina, soyabean oil production is limited due to slow pace of crushing and processing, which is affecting its export performance.

In June, around 5.90 lakh tonnes of soyabean oil was exported from Argentina, whereas by September, its quantity is likely to reduce to around 4 lakh tonnes. As a result, soyabean oil prices may rise.

According to industry analysts, the export offer price of soyabean oil in Argentina is likely to remain above $1080 per tonne. Soyabean sowing is going to start in Argentina from next month, whereas in Brazil, the sowing season has already started from September 1.

The futures price of soyabean meal is expected to fall to a low of $255 per tonne by October, but after that, there may be an environment of rise and strength in prices.

On the other hand, the export offer price of soybean oil has softened in the countries of the Black Sea region. The African country Egypt is regularly importing soybean and soy oil from America at competitive prices.

The cost of delivery of American crude degummed soybean oil is said to be $1160 per tonne, which also includes the shipment charge for the goods reaching the Egyptian port.

Last week, about 22.40 lakh tonnes of soybean was crushed in China, which was slightly less than the previous week but more than the same period last year.

In India, efforts are being made to increase the import of soybean oil from Argentina and Brazil as well as Russia, while Russia remains the most important supplier of sunflower oil to India.