Report Name: China Soybean Oil Market in 2020 and Its Outlook in 2021

Delivery Method: Email

Contact Info: Tel: 86-10-80697616; Email: intl@cofeed.com

 

The COVID-19 pandemic has triggered a strong shock against global economy in 2020, dragging the economic development into an abyss of misery. Nevertheless, the de-globalization and trade frictions seem to be endless, thus further exerting downward pressure on global economic trade. Grain and oils market in China also suffered a severe thump in the first half of this year. But entering the second half of 2020, soybean oil market in China started to grasp an uptrend and once climbed to the key level of 8,000 CNY/tonne to hit the highest since June, 2013. In the context of the epidemic and constant trade disputes, soybean oil market in China is really remarkable.

 

In the phase-one trade deal with the United States signed in January, China has committed to imported $36.5 billion worth of U.S. farm produce. The 2020 imports were intended to be at least 50% above that baseline of 2017, and people are questioning whether China will be able to accomplish the target as purchases lagged far behind in the fist half of this year, but China has been fulfilling its commitments in accordance with the trade deal. And it was China’s continuous purchases, alongside with U.S. soybean production and dryness in Brazil, that bolstered CBOT soybean futures to hit the highest since June 2016. How will soybean oil market perform under growing import cost? And will the market extend the strong trend in the fourth quarter into next year? Cofeed thus releases its latest report China Soybean Oil Market in 2020 and Its Outlook in 2021, to review soybean oil market in 2020 based on the first-hand data from Cofeed Information and Research Department. The report makes an analysis of feedstock supply, supply/demand pattern, and margin changes at home and abroad, and makes a rational expectation on the market in 2021, so as to help industry insiders seize the market opportunity.

 

Macro-perspective

 

Chapter I Global economic performance and currency trend

1.1 China’s economic performance and CNY trend in 2020

1.2 Overseas economic performance and currency trend in 2020

1.2.1 U.S. economic performance and USD trend

1.2.2 Brazil’s economic performance and BRL trend

1.2.3 Argentina’s economic performance and ARS trend

 

Chapter II International crude oil market and its influence factors

 

Micro-perspective

 

Chapter III Soybean oil supply and demand in China

3.1 Soybean oil output capacity in China

3.1.1 China soybean crush capacity in 2019/20

3.1.2 China soybean crush by region in 2019/20

3.1.3 China soybean oil refined capacity by region in 2019/20

3.1.4 Tank capacity in China

3.2 Soybean oil output in China

3.2.1 China soybean crush statistics in 2019/20

3.2.2 China soybean crush in by region 2019/20

3.2.3 China refined soybean oil statistics in 2019/20

3.2.4 China refined soybean oil by region in 2019/20

3.3 Soybean oil imports and exports in China

3.3.1 Soybean oil imports

3.3.2 Soybean oil exports

3.4 Soybean oil demand and carryover stocks in China

3.4.1 Soybean oil spot and basis demand in China

3.4.2 Soybean oil ratio in feed in China

3.4.3 Soybean oil carryover stocks in China

 

Chapter IV Soybean oil related products in China

4.1 Analysis of correlations between soybean and soybean Oil

4.1.1 Soybean imports in China

4.1.1.1 China’s Customs: soybean imports by month in 2007-2020

4.1.1.2 China soybean imports in 2020

4.1.2 Influence of imported soybeans on soybean oil market

4.2 Analysis and prediction on correlations between soybean meal and oil

4.2.1 Analysis of soybean meal supply and demand

4.2.2 Influence of soybean meal on soybean oil

4.3 Alternative oils and soybean oil

4.3.1 Palm oil and soybean oil

4.3.1.1 Analysis of palm oil supply and demand in China

4.3.1.2 Analysis of price spread of palm oil and soybean oil in China

4.3.1.3 Analysis and prediction on substitutability of palm oil

4.3.2 Rapeseed oil and soybean oil

4.3.2.1 Analysis of rapeseed oil supply and demand in China

4.3.2.2 Analysis of price spread of rapeseed oil and soybean oil in China

4.3.2.3 Analysis and prediction on substitutability of rapeseed oil

 

Chapter V 2020 Soybean Oil Market in China

5.1 U.S. soybean futures and influence factors in 2020

5.2 Dalian soybean oil futures and influence factors in 2020

5.3 China spot soybean oil market and influence factors in 2020

 

Chapter VI China soybean oil market in 2021

6.1 Global economic market forecast (including China, US, etc.)

6.2 Global soybean supply and demand forecast

6.3 U.S. soybean trend forecast in 2021

6.4 China soybean oil supply and demand forecast in 2021

6.5 Dalian and spot soybean oil market prospect in 2021