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Theoretical Margins of Importing Soybean Oil in China-6/17/2020

2020-06-17 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 5650 -1840 5730 -1760
 
SBO, Argentina Jun-20 709 6040 Y2009 5650 -390 5730 -310
Aug/Sep-20 717 6110 Y2009 5650 -460 5730 -380
Oct/Nov/Dec-20 718 6110 Y2101 5730 -380 5730 -380
 
SBO, Brazil Jul-20 718 6110 Y2009 5650 -460 5730 -380
Aug/Sep-20 726 6180 Y2009 5650 -530 5730 -450
Oct/Nov/Dec-20 725 6170 Y2101 5730 -440 5730 -440