Platts proposes to change forex rate used in CFR China soybean crush

S&P Global Platts proposes to change the USD.CNY exchange rate used in its daily China Soybean Gross Crush margin from spot to third month, effective Dec. 7, 2021.

The third month forex will better match the arrival time of cargoes as per S&P Global Platts CFR China SOYBEX M1 assessment specifications and the DCE Soybean Meal and DCE Soybean Oil futures contract values used in the calculation.

The China Soybean Gross Crush margin is published both in USD/mt and CNY/mt under the following symbols CSGCD00 and CSGCC00, respectively.

Please send all feedback and questions by Nov. 9, 2021 to asia_ags@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.