All calculated import margins (based on DCE futures) are currently negative. This indicates that the cost of importing physical palm oil is higher than the corresponding futures price on the Dalian Commodity Exchange, meaning theoretical import profit opportunities do not exist at these levels.The losses range from -64 RMB/ton to -356 RMB/ton, suggesting that Chinese importers are facing significant financial disincentives to book spot cargoes unless they are hedging against specific physical commitments.