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Theoretical Margins of Importing Soybean Oil in China--8/7/2020

2020-08-07 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 837 8580 Y2101 6260 -2320 6465 -2115
 
SBO, Argentina Sep 822 6870 Y2101 6260 -610 6465 -405
Oct/Dec 802 6700 Y2101 6260 -440 6465 -450
Jan 792 6630 Y2105 6150 -480 6465 -220
 
SBO, Brazil Sep 864 7210 Y2101 6260 -950 6465 -745
Oct/Nov/Dec 839 7010 Y2101 6260 -750 6465 -545
Jan 803 6720 Y2105 6150 -570 6465 -255