# 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.

- Date: 2026-11-13 · published 2026-11-13T18:06:18.990Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/98071-shengyi-soybean-oil-november-13-average-spread-at-135-40-yuan-ton-narrowing
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## 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.

## Read by commodity

- SBO: neutral

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/agri/2026-11-13/doc-iniyqwtt0900069.shtml

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