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

2020-06-05 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-20 722 7560 Y2009 5680 -1880 5770 -1790
 
SBO, Argentina Jul-20 719 6140 Y2009 5680 -460 5770 -370
Aug/Sep-20 712 6080 Y2009 5680 -400 5770 -310
Oct/Nov/Dec-20 722 6160 Y2101 5760 -400 5770 -390
 
SBO, Brazil Jul-20 728 6210 Y2009 5680 -530 5770 -440
Aug/Sep-20 718 6130 Y2009 5680 -450 5770 -360
Oct/Nov/Dec-20 729 6220 Y2101 5760 -460 5770 -450