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Theoretical Margins of Importing Soybean Oil in China--8/4/2020

2020-08-04 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 831 8540 Y2101 6430 -2110 6640 -1900
 
SBO, Argentina Aug 849 7110 Y2009 6490 -620 6640 -470
Sep 822 6880 Y2101 6430 -450 6640 -240
Oct/Dec 800 6700 Y2101 6430 -270 6640 -60
 
SBO, Brazil Sep 864 7230 Y2101 6430 -800 6640 -590
Oct/Nov/Dec 833 6970 Y2101 6430 -540 6640 -330
Jan 813 6810 Y2105 6300 -510 6640 -170