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Theoretical Margins of Importing Soybean Oil in China-4/29/2020

2020-04-29 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-20 662 6910 Y2009 5340 -1570 5560 -1350
 
SBO, Argentina Jun-20 629 5360 Y2009 5340 -20 5560 200
Aug/Sep-20 632 5380 Y2009 5340 -40 5560 180
Oct/Nov/Dec-20 643 5480 Y2101 5430 -50 5560 80
 
SBO, Brazil Jun-20 633 5390 Y2009 5340 -50 5560 170
Jul-20 631 5380 Y2009 5340 -40 5560 180
Oct/Nov/Dec-20 646 5500 Y2101 5430 -70 5560 60