As of 2023, China's soybean oil stock stood at a certain level, which has undergone significant variation. Forecasts predict a dramatic shift in this trend from 2024, starting with a steep decline in stock levels, indicated by a considerable negative change. However, a gradual recovery is expected starting 2026, with a notable rise in stock by 2028. The forecast for 2024 to 2025 shows a deceleration in negative change, followed by consecutive positive growth in 2026, 2027, and eventually 2028.
Future trends to watch for in the Chinese soybean oil market include potential impacts of trade negotiations on import levels and shifts in domestic agricultural policy that could influence production and demand. Monitoring these factors will be crucial as they could significantly affect the soybean oil stock trajectory in coming years.
