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Theoretical Margins of Importing Soybean Oil in China--7/10/2020

2020-07-10 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 763 7870 Y2009 5780 -2090 5870 -2000
 
SBO, Argentina Aug-2020 761 6390 Y2009 5780 -610 5870 -520
Aug/Sep-2020 760 6390 Y2009 5780 -610 5870 -520
Oct/Dec-2020 755 6340 Y2101 5800 -540 5870 -470
 
SBO, Brazil Aug-2020 772 6480 Y2009 5780 -700 5870 -610
Aug/Sep-2020 769 6460 Y2009 5780 -680 5870 -590
Oct/Dec-2020 766 6430 Y2101 5800 -630 5870 -540