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Theoretical Margins of Importing Soybean Oil in China--7/31/2020

2020-07-31 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 Nov/Dec 805 8280 Y2101 6220 -2060 6420 -1860
 
SBO, Argentina Aug 828 6940 Y2009 6260 -680 6420 -520
Sep 801 6720 Y2101 6220 -500 6420 -300
Oct/Dec 781 6550 Y2101 6220 -330 6420 -130
 
SBO, Brazil Sep 847 7090 Y2101 6220 -790 6420 -670
Oct/Nov/Dec 807 6770 Y2101 6220 -550 6420 -350