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Theoretical Margins of Importing Soybean Oil in China-5/6/2020

2020-05-06 www.cofeed.com
Product Delivery CFR China Duty Paid Dalian Commodity Exchange (CNY/tonne) Spot GB Grade 3 Spread
USD/tonne CNY/tonne Contract Price Import Margin
SBO, US Gulf May-20 672 7030 Y2009 5310 -1720 5510 -1520
 
SBO, Argentina Jun-20 632 5400 Y2009 5310 -90 5510 110
Aug/Sep-20 642 5480 Y2009 5310 -170 5510 30
Oct/Nov/Dec-20 653 5580 Y2101 5400 -180 5510 -70
 
SBO, Brazil Jun-20 639 5460 Y2009 5310 -150 5510 50
Jul-20 634 5420 Y2009 5310 -110 5510 90
Oct/Nov/Dec-20 653 5580 Y2101 5400 -180 5510 -70