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marketChinaNov 13, 2026

finance.sina.com.cn

Shengyi Soybean Oil November 13 average spread at -135.40 yuan/ton, narrowing from a widening negative trend

Shengyi's monitoring shows the soybean oil M10-M20 average spread on November 13 was -135.40 yuan per ton, calculated as 8787.80 minus 8923.20. The spread narrowed after previously widening, indicating that soybean oil's decline is slowing.

WHY IT MATTERS

A narrowing M10-M20 spread suggests the near-term soyoil price decline is easing, which may signal a turning point in Chinese soybean oil pricing. Buyers should watch whether this reflects firmer spot demand.

AFFECTSSoybean Oil◆

SOURCE
finance.sina.com.cnNov 13, 2026

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