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Finalised blending mandates and updated clean fuel tax credits are pulling record volumes of soybean oil into energy production, tightening availability for feed and food users.
Chinese arrivals are forecast to remain above 10 million tonnes per month through July and August, with analysts saying full-year imports could approach or exceed the 2025 record.
China is expected to import about 25 million metric tonnes of soybeans from the United States during the US 2025/26 marketing year (September 1, 2025 to August 31, 2026), up from 22.6 million tonnes in the previous year, the US Soybean Export Council (USSEC) predicted on June 21.
Feed manufacturers cited restricted access to low-cost US soybean as a key driver of the price hike that prompted state intervention.
The partnership is constructing a VND1,000 billion processing plant in Thai Binh as Vietnam's tilapia export value approaches US$100 million for 2025.
