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Theoretical Margins of Importing Soybean Oil in China-5/29/2020

2020-05-29 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-20 705 7430 Y2009 5650 -1780 5710 -1720
 
SBO, Argentina Jun-20 689 5920 Y2009 5650 -270 5710 -210
Aug/Sep-20 688 5910 Y2009 5650 -260 5710 -200
Oct/Nov/Dec-20 697 5990 Y2101 5700 -290 5710 -280
 
SBO, Brazil Jun-20 709 6090 Y2009 5650 -440 5710 -380
Jul-20 703 6040 Y2009 5650 -390 5710 -330
Oct/Nov/Dec-20 702 6030 Y2101 5700 -330 5710 -320