Today is 04/20/2024
| 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 | 862.75 | 380 | 3,112 | 2,834 | 5,404 | 154 | 12 | 3,219 | 5,560 | 487 |
| Jun | 867.25 | 380 | 3,116 | 2,834 | 5,404 | 150 | 9 | 3,219 | 5,560 | 483 | |
| Jul | 867.25 | 380 | 3,119 | 2,834 | 5,404 | 147 | 9 | 3,219 | 5,560 | 480 | |
| Oct | 863.5 | 382 | 3,140 | 2,852 | 5,512 | 160 | -1 | 3,219 | 5,560 | 459 | |
| Soybean,US PNW | May | 862.75 | 375 | 3,075 | 2,834 | 5,404 | 191 | 12 | 3,219 | 5,560 | 524 |
| Soybean, Brazil | Apr | 862.75 | 364 | 2,984 | 2,827 | 5,328 | 315 | 11 | 3,219 | 5,560 | 671 |
| May | 862.75 | 365 | 2,995 | 2,834 | 5,404 | 325 | 12 | 3,219 | 5,560 | 660 | |
| Jun | 867.25 | 370 | 3,036 | 2,834 | 5,404 | 284 | 10 | 3,219 | 5,560 | 619 | |
| Jul | 867.25 | 374 | 3,068 | 2,834 | 5,404 | 252 | 9 | 3,219 | 5,560 | 587 | |
| Aug | 867.25 | 377 | 3,103 | 2,834 | 5,404 | 217 | 9 | 3,219 | 5,560 | 552 | |
| Feb,2021 | 844.75 | 354 | 2,919 | 2,852 | 5,512 | 436 | -11 | 3,219 | 5,560 | 736 | |
| Mar,2021 | 844.75 | 350 | 2,882 | 2,852 | 5,512 | 473 | -11 | 3,219 | 5,560 | 773 | |
| Soybean, Argentina | May | 867.25 | 362 | 2,971 | 2,834 | 5,404 | 241 | 9 | 3,219 | 5,560 | 573 |
| Jun | 867.25 | 364 | 2,988 | 2,834 | 5,404 | 224 | 9 | 3,219 | 5,560 | 556 | |
| 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% | |||||||||||