- The U.S. plans to halt cooking oil imports from China after China stopped buying U.S. soybeans.
- Sadot Group Inc. shares surged over 200% in early premarket trading following the announcement.
- Australian Oilseeds Holdings Ltd stock jumped 229% premarket, making both companies the top gainers among U.S.-traded equities.
- The trade escalation is expected to impact prices of key agricultural commodities and influence agri-trading strategies.
- The retail investor sentiment for Sadot Group turned “extremely bullish” after the policy news, despite the stock’s previous losses this year.
The United States announced plans to block imports of cooking oil from China after China ended its purchases of American soybeans. The move was signaled by President Donald Trump on Tuesday and comes as a direct response to China’s earlier trade decisions.
Following the announcement, shares of Sadot Group Inc. rose by over 200% in premarket trading on Wednesday. Australian Oilseeds Holdings Ltd also saw its shares skyrocket 229% before markets opened. These gains positioned both companies as the leading performers among U.S.-traded equities at the time.
Trump stated his administration is considering “terminating business with China having to do with Cooking Oil,” as a reaction to China halting purchases of American soybeans in May. According to a Reuters report, the U.S. was previously the top market for China’s used cooking oil, importing a record 1.27 million metric tons valued at $1.1 billion last year. However, imports dropped to 290,690 tons ($286.7 million) from January to August 2025 after tariff increases.
China, historically a major buyer of U.S. soybeans, shifted its sourcing to South American producers after suspending American imports. The increased tensions between the two countries have raised concerns about the stability of global supply chains for cooking oil and soybeans.
The price surges in Sadot Group and Australian Oilseeds Holdings Ltd reflect investor activity in the wake of the policy announcement. “Trump’s comments spotlighted vulnerabilities in global cooking oil and soybean supply chains, sparking speculative buying in U.S.-aligned or alternative agribusiness firms,” one market watcher noted. Investor interest in Sadot Group shifted to “extremely bullish” as a result of the news, reversing the stock’s previous downward trend over the year.
For additional information, refer to the Reuters report mentioned in the source.
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