Export Volume - China's soybean oil exports hit a record 70,877 tons in October [1] - The first 10 months of the year reached 329,000 tons, almost triple the total exports for the entire year of 2024 [1] Competitive Advantage - Chinese soybean oil is priced $10-15/ton lower than South American soybean oil [1] - Shipping time from China to India is only 10-12 days, significantly shorter than the 50-60 days from Brazil and Argentina [1] Key Importer - Most of China's soybean oil exports in October were to India [1]

If your manufacturing is not price-competitive abroad, your military is not price-competitive abroad.Because the wartime economy is just a subset of the peacetime economy. You can only turn plowshares into swords if you’re cranking out plowshares at low cost and high quality. ...