# Platts to launch CFR China soybean crush Oct. 16 | S&P Global

> S&P Global Platts will launch a daily CFR China soybean crush margin calculation effective October 16, 2020. The margin compares Platts SOYBEX CFR China M1 shipment prices with domestic DCE soybean meal and oil futures, adjusted for yields, handling cost, import tax and VAT.

- Date: 2020-09-21 · published 2020-09-21T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/51184-platts-to-launch-cfr-china-soybean-crush-oct-16-s-and-p-global
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The new benchmark adds price transparency to China's crush economics, which drive how much soybean meal is produced and how aggressively China imports beans. It is a reference change rather than a supply or demand shock, so its direct price effect is limited.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/092120-platts-to-launch-cfr-china-soybean-crush-oct-16

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.