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Theoretical Margins of Importing Soybean Oil in China-6/2/2020

2020-06-02 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 Jun-20 710 7440 Y2009 5640 -1800 5730 -1710
 
SBO, Argentina Jun-20 714 6100 Y2009 5640 -460 5730 -380
Jul-20 714 6100 Y2009 5640 -460 5730 -380
Aug/Sep-20 704 6020 Y2009 5640 -380 5730 -290
Oct/Nov/Dec-20 715 6110 Y2101 5700 -410 5730 -380
 
SBO, Brazil Jul-20 714 6100 Y2009 5640 -460 5730 -370
Aug/Sep-20 707 6040 Y2009 5640 -400 5730 -310
Oct/Nov/Dec-20 719 6140 Y2101 5700 -440 5730 -410