China Soya Lecithin Prices Rise 2.02% in February 2026, Projected to rise Further in March

Soya lecithin in China advanced in February on export-led demand and tighter finished-grade inventories for non-GMO material, setting the tone for the month. Crushing plants along the eastern seaboard operated with no major outages, and ample imported soybeans supported steady crude lecithin flow. In mid-February, converters targeting premium non-GMO specifications required extra processing time, temporarily tightening finished-product availability. Meanwhile, Southeast Asian buyers accelerated purchases to rebuild pipelines ahead of the second-quarter confectionery season, while port operations remained efficient. Market attention also flagged rising maritime insurance and freight as upside risks to costs. Export-focused confectionery and bakery demand provided the primary pull, with domestic feed formulators maintaining steady intake for emulsification applications. Strong export inquiries from Vietnam, Thailand and Indonesia contrasted with modest uplift from domestic non-GMO bakery launches. Supply remained adequate from Brazil and the United States, though rising shipping costs could tighten soybean availability if voyages are disrupted. Short-term maintenance reduced capacity, supporting price pressure; moderation expected through summer.