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Theoretical Margins of Importing Soybean Oil in China-4/27/2020

2020-04-27 www.cofeed.com
Product Month CFR China Duty Paid DCE Soyoil Import Margin Spot GB Grade 3 Spread
(Delivery) USD/mT RMB/mT Matching Contract Future
SBO, US Gulf May-20 648 6760 Y2009 5350 -1410 5570 -1190
 
SBO, Argentina Jun-20 632 5380 Y2009 5350 -30 5570 190
Aug/Sep-20 631 5370 Y2009 5350 -20 5570 200
Oct/Nov/Dec-20 643 5470 Y2101 5420 -50 5570 100
 
SBO, Brazil May-20 642 5470 Y2009 5350 -120 5570 100
Jun/Jul-20 634 5400 Y2009 5350 -50 5570 170
Oct/Nov/Dec-20 645 5490 Y2101 5420 -70 5570 80