RBD Soybean Oil Price Trend

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Procurement Resource provides latest prices of RBD Soybean Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of RBD Soybean Oil for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About RBD Soybean Oil:

RBD Soybean Oil is a fully refined soybean oil that has been refined, bleached and deodourised in a continuous process beginning with the crushing of soybeans. Soybean oil has a high C18:2 linoleic acid composition. It is tasteless and odourless. 

Synonyms:

  • 8001-22-7

Industrial Uses

  • Resins 
  • Paints and varnishes
  • Carrier fluids
  • Inks
  • Cooking and food applications
  • Pharmaceuticals
  • Cosmetics

Production Processes

  • Production of RBD Soybean Oil via Extraction.

Soybean oil is a vegetable oil which is extracted from the seeds of soybean. This form of soybean oil is refined, bleached and deodourised. Within the refining stage, the soybean oil is cleaned to remove remaining impurities and goes through degumming to remove lecithin.  The soybean oil then goes through a bleaching process to remove any pigments and residues left behind from the refining process. The final step in the process is deodourising the oil which is where volatile components are removed by steam distillation, thus, producing RBD Soybean Oil. 

Supplier Database

  • Cargill, Incorporated
  • Wilmar International Ltd
  • The Adams Group, Inc.
  • Gateway Food Products Co.
  • Avatar Corporation

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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