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Theoretical Margins of Importing Soybean Oil in China--8/5/2020

2020-08-05 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 825 8440 Y2101 6280 -2160 6490 -1950
 
SBO, Argentina Aug 829 6910 Y2009 6330 -580 6490 -420
Sep 816 6800 Y2101 6280 -520 6490 -310
Oct/Dec 794 6620 Y2101 6280 -340 6490 -130
 
SBO, Brazil Sep 836 6970 Y2101 6280 -690 6490 -480
Oct/Nov/Dec 818 6820 Y2101 6280 -540 6490 -330
Jan 807 6730 Y2105 6190 -540 6490 -240