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 | 854.25 | 379 | 3,077 | 2,797 | 5,518 | 181 | -16 | 3,176 | 5,850 | 544 |
| Jun | 862.25 | 382 | 3,105 | 2,797 | 5,518 | 153 | -27 | 3,176 | 5,850 | 516 | |
| Jul | 862.25 | 382 | 3,105 | 2,797 | 5,518 | 153 | -25 | 3,176 | 5,850 | 516 | |
| Oct | 870.5 | 385 | 3,135 | 2,820 | 5,604 | 158 | -25 | 3,176 | 5,850 | 486 | |
| Soybean,US PNW | May | 854.25 | 377 | 3,063 | 2,797 | 5,518 | 195 | -58 | 3,176 | 5,850 | 558 |
| Soybean, Brazil | Apr | 854.25 | 366 | 2,971 | 2,759 | 5,588 | 326 | -37 | 3,176 | 5,850 | 708 |
| May | 854.25 | 366 | 2,973 | 2,797 | 5,518 | 340 | -27 | 3,176 | 5,850 | 706 | |
| Jun | 862.25 | 371 | 3,016 | 2,797 | 5,518 | 297 | -14 | 3,176 | 5,850 | 663 | |
| Jul | 862.25 | 376 | 3,058 | 2,797 | 5,518 | 255 | -17 | 3,176 | 5,850 | 621 | |
| Aug | 862.25 | 378 | 3,080 | 2,797 | 5,518 | 233 | -4 | 3,176 | 5,850 | 599 | |
| Feb,2021 | 861.75 | 364 | 2,964 | 2,820 | 5,604 | 385 | -28 | 3,176 | 5,850 | 715 | |
| Mar,2021 | 861.75 | 356 | 2,906 | 2,820 | 5,604 | 443 | -22 | 3,176 | 5,850 | 773 | |
| Soybean, Argentina | May | 862.25 | 367 | 2,980 | 2,797 | 5,518 | 223 | -12 | 3,176 | 5,850 | 582 |
| Jun | 862.25 | 369 | 2,999 | 2,797 | 5,518 | 204 | -7 | 3,176 | 5,850 | 563 | |
| 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 10:00 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% | |||||||||||