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Theoretical Margins of Importing Soybean Oil in China-6/18/2020

2020-06-18 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-20 720 7510 Y2009 5670 -1840 5750 -1760
 
SBO, Argentina Jun-20 722 6140 Y2009 5670 -470 5750 -390
Aug/Sep-20 726 6170 Y2009 5670 -500 5750 -420
Oct/Nov/Dec-20 727 6180 Y2101 5730 -450 5750 -430
 
SBO, Brazil Jul-20 727 6180 Y2009 5670 -510 5750 -430
Aug/Sep-20 732 6220 Y2009 5670 -550 5750 -470
Oct/Nov/Dec-20 738 6270 Y2101 5730 -540 5750 -520