Today is 12/27/2024
| 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 | 863.25 | 382 | 3,100 | 2,823 | 5,614 | 197 | -12 | 3,198 | 5,830 | 534 |
| Jun | 870.75 | 383 | 3,117 | 2,823 | 5,614 | 180 | -16 | 3,198 | 5,830 | 517 | |
| Jul | 870.75 | 383 | 3,119 | 2,823 | 5,614 | 178 | -15 | 3,198 | 5,830 | 515 | |
| Oct | 875.75 | 387 | 3,147 | 2,848 | 5,686 | 183 | -9 | 3,198 | 5,830 | 487 | |
| Soybean,US PNW | May | 863.25 | 375 | 3,044 | 2,823 | 5,614 | 253 | -9 | 3,198 | 5,830 | 590 |
| Soybean, Brazil | Apr | 863.25 | 368 | 2,989 | 2,792 | 5,734 | 363 | -3 | 3,198 | 5,830 | 703 |
| May | 863.25 | 367 | 2,986 | 2,823 | 5,614 | 367 | -18 | 3,198 | 5,830 | 706 | |
| Jun | 870.75 | 374 | 3,042 | 2,823 | 5,614 | 311 | -16 | 3,198 | 5,830 | 650 | |
| Jul | 870.75 | 379 | 3,081 | 2,823 | 5,614 | 272 | -16 | 3,198 | 5,830 | 611 | |
| Aug | 870.75 | 383 | 3,116 | 2,823 | 5,614 | 237 | -12 | 3,198 | 5,830 | 576 | |
| Feb,2021 | 867.5 | 365 | 2,974 | 2,848 | 5,686 | 413 | -9 | 3,198 | 5,830 | 718 | |
| Mar,2021 | 867.5 | 358 | 2,922 | 2,848 | 5,686 | 465 | -9 | 3,198 | 5,830 | 770 | |
| Soybean, Argentina | May | 870.75 | 370 | 3,006 | 2,823 | 5,614 | 235 | -11 | 3,198 | 5,830 | 570 |
| Jun | 870.75 | 372 | 3,030 | 2,823 | 5,614 | 211 | -22 | 3,198 | 5,830 | 546 | |
| 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 11:00 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% | |||||||||||