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Theoretical Margins of Importing Soybean Oil in China-6/19/2020

2020-06-19 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-2020 720 7510 Y2009 5800 -1710 5860 -1650
 
SBO, Argentina Jul-2020 729 6200 Y2009 5800 -400 5860 -340
Aug-2020 726 6170 Y2009 5800 -370 5860 -310
Aug/Sep-2020 730 6210 Y2009 5800 -410 5860 -350
Oct/Dec-2020 729 6200 Y2101 5850 -350 5860 -290
 
SBO, Brazil Jul-2020 737 6270 Y2009 5800 -470 5860 -410
Aug/Sep-2020 732 6220 Y2009 5800 -420 5860 -360
Oct/Dec-2020 744 6330 Y2101 5850 -480 5860 -470