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Final decision on open consultation on methodology for US refined, bleached, deodorized soybean oil basis assessments

Fastmarkets invited feedback from the industry on the pricing methodology for its refined, bleached and deodorized (RBD) fob Central Illinois US soybean oil basis price assessment, via an open consultation process between May 6 and May 30, 2025.

June 5, 2025
By Veronika Prykhodko
Agriculture Pricing notice Soy oil

This consultation was done as part of our annual methodology review process.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodology for Fastmarkets’ RBD soyoil prices here.

Agriculture: Vegoils

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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