Soybean oil price (USD / metric tonne) - World Bank Pink Sheets - Monthly
This series is part of the dataset: Food prices (World Bank Pink Sheets)
Download Full Dataset (.xlsx)Latest updates. According to statistics published by the World Bank, the price of soybean oil was 1,638.00 USD per metric tonne in August 2026, versus 1,658.00 in the previous month. This constitutes a reduction of 1.21 percent.
Sample. In the monthly time series displayed in the figure, there are 800 observations overall. The time range covered by the series is from January 1960 to August 2026.
History. Here are some descriptive statistics computed on the entire sample: the price averaged 623.59 USD per metric tonne; it reached a maximum of 1,963.00 in May 2022; it reached a minimum of 157.00 in August 1968.
Latest values
| Date | Value - USD / metric tonne |
|---|---|
| 2026-06-30 | 1740.0 |
| 2026-07-31 | 1658.0 |
| 2026-08-31 | 1638.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Commodity price |
| Country or region | World |
| Economic concept | Price |
| Data type | Price estimates |
| Seasonally adjusted | No |
| Frequency | Monthly |
| Unit | USD / metric tonne |
| Sources | World Bank |
| Source type | International organization |
| Data licence | Creative Commons Attribution Licence |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.