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Theoretical Import Margin of Soybean Oil-13/1/2020

2020-01-13 www.cofeed.com

Product Month CNF China Duty Paid DCE Soyoil Import Margin Spot GB Grade 3 Spread
(Delivery) USD/mT RMB/mT Matching Contract Future
Soybean oil,              US Gulf Jan/Feb-20 876 8910 Y2005 6870 -2040 7240 -1670
 
Soybean oil,      Argentina Feb-20 896 7420 Y2005 6870 -550 7240 -180
Mar-20 878 7270 Y2005 6870 -400 7240 -30
May/Jun/Jul-20 853 7070 Y2009 6720 -350 7240 170
 
Soybean Oil,           Brazil Feb-20 898 7440 Y2005 6870 -570 7240 -200
Mar-20 885 7330 Y2005 6870 -460 7240 -90
Apr/May-20 856 7090 Y2009 6720 -370 7240 150