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Theoretical Margins of Importing Soybean Oil in China-4/28/2020

2020-04-28 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-20 655 6850 Y2009 5350 -1500 5550 -1300
 
SBO, Argentina Jun-20 624 5330 Y2009 5350 20 5550 220
Aug/Sep-20 626 5340 Y2009 5350 10 5550 210
Oct/Nov/Dec-20 640 5460 Y2101 5430 -30 5550 90
 
SBO, Brazil Jun-20 629 5370 Y2009 5350 -20 5550 180
Jul-20 629 5370 Y2009 5350 -20 5550 180
Oct/Nov/Dec-20 642 5480 Y2101 5430 -50 5550 70