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Theoretical Margins of Importing Soybean Oil in China-6/16/2020

2020-06-16 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-20 719 7490 Y2009 5660 -1920 5740 -1750
 
SBO, Argentina Aug/Sep-20 718 6100 Y2009 5660 -440 5740 -430
Oct/Nov/Dec-20 727 6170 Y2101 5730 -440 5740 -450
 
SBO, Brazil Jul-20 730 6200 Y2009 5660 -540 5740 -470
Aug/Sep-20 727 6180 Y2009 5660 -520 5740 -500
Oct/Nov/Dec-20 738 6260 Y2101 5730 -530 5740 -560