Soybean oil (World Bank) represents a commodity index reflecting prices of soybean oil, used in the food industry, biofuels, and animal feeds, with Northwest Europe as the main trading region serving as a price benchmark for the oils and fats market. In 2026, indicators varied from 1011.43 to 1306.60 USD/ton at an average level of 1150.07 USD/ton. From January 2021, Dutch Soyoil Crude Degummed EXW Dutch Mills; January 1999 to December 2020, Dutch crude degummed FOB NW Europe; previously crude FOB ex-mill Netherlands nearest forward.