Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified

HS code 150710 covers the trade of crude soya-bean oil, a vital commodity in the global vegetable oil market. Soya-bean oil is one of the most widely produced and consumed edible oils worldwide, with applications ranging from food preparation to industrial uses. As a major agricultural product, the soya-bean oil industry plays a significant role in the broader economy, supporting farmers, processors, and a wide network of downstream industries.

The production of crude soya-bean oil typically involves several key steps. First, soya beans are harvested and cleaned. The beans are then crushed or pressed to extract the crude oil. Depending on the specific process, the oil may undergo further refining, such as degumming, to remove impurities and improve its quality and stability.

The main inputs required for the soya-bean oil industry include soya beans as the primary raw material, as well as processing equipment such as crushers, presses, and refining machinery. Additionally, the industry relies on a range of supporting infrastructure, including storage facilities, transportation networks, and energy sources to power the production facilities.

The primary output of HS code 150710 is crude soya-bean oil, which can be further processed and refined for various applications. The refined soya-bean oil is commonly used in food products, such as cooking oils, margarine, and salad dressings. Additionally, the soya-bean oil industry generates by-products, such as soya-bean meal, which is a valuable protein-rich animal feed 230400 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.