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Theoretical Margins of Importing Soybean Oil in China--7/28/2020

2020-07-28 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 805 8280 Y2101 6020 -2260 6260 -2020
 
SBO, Argentina Aug-2020 802 6720 Y2009 6080 -640 6260 -360
Sep-2020 793 6650 Y2101 6020 -630 6260 -390
Oct/Dec-2020 774 6500 Y2101 6020 -480 6260 -240
 
SBO, Brazil Sep-2020 828 6940 Y2101 6020 -920 6260 -680
Oct/Nov/Dec-20 787 6600 Y2101 6020 -580 6260 -340
Jan-21 779 6540 Y2105 5980 -560 6260 -280