Today is 04/27/2024
| 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 | 834.75 | 372 | 3,036 | 2,766 | 5,430 | 181 | 18 | 3,008 | 5,610 | 406 |
| Jun | 842.5 | 375 | 3,065 | 2,766 | 5,430 | 152 | 24 | 3,008 | 5,610 | 377 | |
| Jul | 842.5 | 375 | 3,067 | 2,766 | 5,430 | 150 | 24 | 3,008 | 5,610 | 375 | |
| Oct | 846.5 | 376 | 3,085 | 2,801 | 5,486 | 170 | 25 | 3,008 | 5,610 | 357 | |
| Soybean,US PNW | May | 834.75 | 370 | 3,022 | 2,766 | 5,430 | 195 | 17 | 3,008 | 5,610 | 420 |
| Soybean, Brazil | Apr | 834.75 | 356 | 2,914 | 2,697 | 5,432 | 303 | 1 | 3,008 | 5,610 | 584 |
| May | 834.75 | 356 | 2,914 | 2,766 | 5,430 | 357 | 18 | 3,008 | 5,610 | 584 | |
| Jun | 842.5 | 363 | 2,970 | 2,766 | 5,430 | 301 | 24 | 3,008 | 5,610 | 528 | |
| Jul | 842.5 | 367 | 3,001 | 2,766 | 5,430 | 270 | 30 | 3,008 | 5,610 | 497 | |
| Aug | 842.5 | 370 | 3,024 | 2,766 | 5,430 | 247 | 33 | 3,008 | 5,610 | 474 | |
| Sep | 846.5 | 374 | 3,062 | 2,801 | 5,486 | 248 | 25 | 3,008 | 5,610 | 436 | |
| Feb,2021 | 840 | 353 | 2,900 | 2,801 | 5,486 | 410 | 36 | 3,008 | 5,610 | 598 | |
| Mar,2021 | 840 | 348 | 2,861 | 2,801 | 5,486 | 449 | 37 | 3,008 | 5,610 | 637 | |
| Soybean, Argentina | May | 842.5 | 359 | 2,938 | 2,766 | 5,430 | 225 | 24 | 3,008 | 5,610 | 448 |
| Jun | 842.5 | 362 | 2,958 | 2,766 | 5,430 | 205 | 22 | 3,008 | 5,610 | 428 | |
| 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% | |||||||||||