Today is 04/25/2024
| Product | Delivery | CBOT | CNF China | Duty-paid | DCE SBM | DCE SBO | DCE Gross Margin |
Var. | SBM Spot | SBO Spot |
SCM |
| USD/MT | RMB/MT | ||||||||||
| Soybean, US Gulf | May | 886 | 388 | 3,167 | 2,882 | 5,432 | 142 | -31 | 3,263 | 5,580 | 471 |
| Jun | 889.5 | 388 | 3,168 | 2,882 | 5,432 | 141 | -20 | 3,263 | 5,580 | 470 | |
| Jul | 889.5 | 388 | 3,171 | 2,882 | 5,432 | 138 | -16 | 3,263 | 5,580 | 467 | |
| Oct | 877.5 | 387 | 3,168 | 2,883 | 5,536 | 161 | -73 | 3,263 | 5,580 | 470 | |
| Soybean,US PNW | May | 886 | 383 | 3,130 | 2,882 | 5,432 | 179 | 3,263 | 5,580 | 508 | |
| Soybean, Brazil | Apr | 886 | 372 | 3,039 | 2,876 | 5,356 | 304 | -55 | 3,263 | 5,580 | 655 |
| May | 886 | 373 | 3,050 | 2,882 | 5,432 | 313 | -33 | 3,263 | 5,580 | 644 | |
| Jun | 889.5 | 378 | 3,089 | 2,882 | 5,432 | 274 | -51 | 3,263 | 5,580 | 605 | |
| Jul | 889.5 | 382 | 3,120 | 2,882 | 5,432 | 243 | -44 | 3,263 | 5,580 | 574 | |
| Aug | 889.5 | 385 | 3,155 | 2,882 | 5,432 | 208 | 3,263 | 5,580 | 539 | ||
| Feb,2021 | 855.25 | 358 | 2,938 | 2,883 | 5,536 | 447 | -30 | 3,263 | 5,580 | 756 | |
| Mar,2021 | 855.25 | 353 | 2,901 | 2,883 | 5,536 | 484 | -32 | 3,263 | 5,580 | 793 | |
| Soybean, Argentina | May | 889.5 | 370 | 3,023 | 2,882 | 5,432 | 232 | -58 | 3,263 | 5,580 | 559 |
| Jun | 889.5 | 372 | 3,040 | 2,882 | 5,432 | 215 | -61 | 3,263 | 5,580 | 542 | |
| Remarks: | |||||||||||
| 1. SBM Spot: soybean meal spot price; SBO spot: soybean oil spot price, SCM: spot crushing margin. | |||||||||||
| 2. CBOT Price is the closing price last night, and DCE Price is the intraday price at about 9:55 a.m.on the Dalian Commodity Exchange. | |||||||||||
| 3. DCE crushing margin and spot crushing margin are both gross margins with labour fee. The net margins can be calculated by deducting 150 RMB/tonne, but there may be some difference in cost due to the factory scale. | |||||||||||
| 4. Additional import duty of 3% | |||||||||||