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Theoretical Margins of Importing Soybean Oil in China-6/9/2020

2020-06-09 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-20 728 7600 Y2009 5690 -1910 5780 -1820
 
SBO, Argentina Jul-20 726 6180 Y2009 5690 -490 5780 -400
Aug/Sep-20 721 6140 Y2009 5690 -450 5780 -360
Oct/Nov/Dec-20 730 6220 Y2101 5750 -470 5780 -440
 
SBO, Brazil Jul-20 733 6240 Y2009 5690 -550 5780 -460
Aug/Sep-20 726 6180 Y2009 5690 -490 5780 -400
Oct/Nov/Dec-20 739 6290 Y2101 5750 -540 5780 -510