Oilseed and Edible Oil Stocks Decline at Chinese Ports

20-Jan-2026 12:37 PM

Beijing. In China, the world's leading importer of soybeans and a major importer of edible oils, stocks of oilseeds and edible oils at ports decreased on a weekly and monthly basis.

According to official data, compared to January 9, 2026, palm oil stocks at Chinese ports increased by 3.17 percent to 74,800 tons from 72,500 tons, and rapeseed oil stocks rose by 9.56 percent to 27,500 tons from 25,100 tons on January 16, 2026.

However, soybean oil stocks fell by 5.72 percent to 89,200 tons from 94,600 tons, soybean stocks decreased by 9.18 percent to 534,000 tons from 588,000 tons, and soymeal stocks declined by 11.30 percent to 83,200 tons from 93,800 tons.

On a monthly basis, palm oil stocks at Chinese ports increased by 9.34 percent. However, soybean oil stocks decreased by 12.46 percent, rapeseed oil stocks by 10.71 percent, soybean stocks by 10.25 percent, and soymeal stocks by a significant 16.80 percent.

The total stock of edible oils and oilseeds also decreased by 9.75 percent. This clearly indicates a decrease in imports and an increase in withdrawals.

China has largely stopped importing US soybeans and soybean oil for a long time, but it is importing them from Brazil and Argentina.

Similarly, Chinese importers are not showing any interest in importing canola and its oil from Canada because a hefty 100 percent import duty is levied on it.

Although some progress has been made in trade talks between China and the US and Canada, it may take some time for tangible results to materialize.