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Theoretical Margins of Importing Soybean Oil in China-5/7/2020

2020-05-07 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-20 661 6920 Y2009 5360 -1560 5530 -1390
 
SBO, Argentina Jun-20 624 5330 Y2009 5360 30 5530 200
Aug/Sep-20 630 5380 Y2009 5360 -20 5530 150
Oct/Nov/Dec-20 643 5490 Y2101 5440 -50 5530 40
 
SBO, Brazil Jun-20 628 5370 Y2009 5360 -10 5530 160
Jul-20 624 5330 Y2009 5360 30 5530 200
Oct/Nov/Dec-20 645 5510 Y2101 5440 -70 5530 20