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Theoretical Margins of Importing Soybean Oil in China--7/14/2020

2020-07-14 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 758 7820 Y2009 5880 -1940 5960 -1860
 
SBO, Argentina Jul-2020 760 6390 Y2009 5880 -510 5960 -430
Aug-2020 765 6430 Y2009 5880 -550 5960 -470
Sep-2020 766 6440 Y2101 5870 -570 5960 -480
Oct/Dec-2020 750 6310 Y2101 5870 -440 5960 -350
Mac-2021 715 6020 Y2105 5860 -160 5960 -60
 
SBO, Brazil Aug-2020 783 6580 Y2009 5880 -700 5960 -620
Sep-2020 779 6550 Y2101 5870 -680 5960 -590
Oct/Nov/Dec-20 761 6400 Y2101 5870 -530 5960 -440
Apr/May-2021 690 5810 Y2105 5860 50 5960 150