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Theoretical Margins of Importing Soybean Oil in China-6/4/2020

2020-06-04 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-20 715 7510 Y2009 5640 -1870 5730 -1780
 
SBO, Argentina Jun-20 728 6230 Y2009 5640 -590 5730 -500
Aug/Sep-20 712 6100 Y2009 5640 -460 5730 -370
Oct/Nov/Dec-20 723 6190 Y2101 5710 -480 5730 -460
 
SBO, Brazil Jul-20 731 6250 Y2009 5640 -610 5730 -520
Aug/Sep-20 715 6120 Y2009 5640 -480 5730 -390
Oct/Nov/Dec-20 729 6240 Y2101 5710 -530 5730 -510