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Theoretical Margins of Importing Soybean Oil in China--6/29/2020

2020-06-29 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 Jul-2020 721 7520 Y2009 5590 -1930 5700 -1820
 
SBO, Argentina Aug-2020 719 6110 Y2009 5590 -520 5700 -410
Aug/Sep-2020 716 6090 Y2009 5590 -500 5700 -390
Oct/Dec-2020 716 6090 Y2101 5650 -440 5700 -390
 
SBO, Brazil Jul-2020 726 6170 Y2009 5590 -580 5700 -470
Aug/Sep-2020 730 6210 Y2009 5590 -620 5700 -510
Oct/Dec-2020 736 6260 Y2101 5650 -610 5700 -560