Today is 12/26/2024
| 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 | 854.75 | 379 | 3,084 | 2,811 | 5,586 | 198 | 18 | 3,161 | 5,650 | 487 |
| Jun | 861 | 379 | 3,093 | 2,811 | 5,586 | 189 | 16 | 3,161 | 5,650 | 478 | |
| Jul | 861 | 380 | 3,096 | 2,811 | 5,586 | 186 | 16 | 3,161 | 5,650 | 475 | |
| Oct | 866.75 | 383 | 3,131 | 2,837 | 5,690 | 191 | 2 | 3,161 | 5,650 | 440 | |
| Soybean,US PNW | May | 854.75 | 372 | 3,031 | 2,811 | 5,586 | 251 | 18 | 3,161 | 5,650 | 540 |
| Soybean, Brazil | Apr | 854.75 | 365 | 2,974 | 2,787 | 5,506 | 329 | 3 | 3,161 | 5,650 | 653 |
| May | 854.75 | 364 | 2,964 | 2,811 | 5,586 | 374 | 15 | 3,161 | 5,650 | 663 | |
| Jun | 861 | 370 | 3,019 | 2,811 | 5,586 | 319 | 3 | 3,161 | 5,650 | 608 | |
| Jul | 861 | 375 | 3,058 | 2,811 | 5,586 | 280 | 0 | 3,161 | 5,650 | 569 | |
| Aug | 861 | 379 | 3,098 | 2,811 | 5,586 | 240 | -10 | 3,161 | 5,650 | 529 | |
| Feb,2021 | 855.5 | 361 | 2,950 | 2,837 | 5,690 | 429 | -15 | 3,161 | 5,650 | 677 | |
| Mar,2021 | 855.5 | 354 | 2,897 | 2,837 | 5,690 | 482 | -3 | 3,161 | 5,650 | 730 | |
| Soybean, Argentina | May | 861 | 366 | 2,986 | 2,811 | 5,586 | 240 | 15 | 3,161 | 5,650 | 528 |
| Jun | 861 | 368 | 2,999 | 2,811 | 5,586 | 227 | 15 | 3,161 | 5,650 | 515 | |
| 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 9:47 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% | |||||||||||