Soybean oil: typical specification
Indicative- Crude degummed
- FFA 0.75% maximum, phosphorus 200 ppm maximum
- Refined
- FFA 0.05% maximum, refined, bleached and deodorised
- Moisture and impurities
- 0.2% maximum, crude
- GMO status
- Conventional, or non-GMO from documented supply
- Packing
- Bulk vessels, flexitanks or ISO tanks
- Pricing basis
- Fixed, or against CBOT soybean oil futures plus a premium
Typical specification for reference. The binding specification is the exporter certificate of quality and the contract.
Delivery terms
Documents supplied

Inspected at loading. Paid against documents.
Independent inspection by SGS, Bureau Veritas, Intertek or an equivalent accredited surveyor, with payment by documentary letter of credit.
About soybean oil
Soybean oil is the second most produced vegetable oil after palm oil. Argentina is the largest exporter, followed by Brazil and the United States.
Crude degummed soybean oil is the main traded grade and goes to refiners. Refined oil is used for cooking, food manufacture and biodiesel.
Frequently asked questions
What is crude degummed soybean oil?
Oil extracted from soybeans with the gums removed, so it can be stored and shipped. It is the standard grade sold to refiners.
Can you supply non-GMO soybean oil?
Yes, from suppliers with documented non-GMO supply chains, at a premium.
How is payment usually made?
By documentary letter of credit from a bank acceptable to the seller, with payment against shipping documents and the inspection certificate.
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