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Theoretical Margins of Importing Soybean Oil in China-6/11/2020

2020-06-11 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-20 725 7540 Y2009 5690 -1850 5780 -1760
 
SBO, Argentina Jun-20 732 6200 Y2009 5690 -510 5780 -420
Aug/Sep-20 729 6180 Y2009 5690 -490 5780 -400
Oct/Nov/Dec-20 734 6220 Y2101 5770 -450 5780 -440
 
SBO, Brazil Jun-20 745 6310 Y2009 5690 -620 5780 -530
Jul-20 747 6330 Y2009 5690 -640 5780 -550
Aug/Sep-20 738 6250 Y2009 5690 -560 5780 -470
Oct/Nov/Dec-20 743 6300 Y2101 5770 -530 5780 -520