# Soybean oil November 2 monthly spread widens to 50.20 yuan per tonne, then narrows

> On November 2, the spread between soybean oil contracts M10 (9,079.20 yuan) and M20 (9,029.00 yuan) was 50.20 yuan per tonne. The spread had widened earlier in the day and then narrowed, indicating that soybean oil gains were slowing.

- Date: 2026-11-02 · published 2026-11-02T21:06:57.959Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/75789-soybean-oil-november-2-monthly-spread-widens-to-50-20-yuan-per-tonne-then
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A narrowing forward spread signals softer nearby demand relative to deferred months, which could weigh on soybean oil prices in the near term.

## Read by commodity

- SBO: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/agri/2026-11-02/doc-inixiynt0365041.shtml

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