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Theoretical Margins of Importing Soybean Oil in China--8/11/2020

2020-08-11 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 6190 -2250 6380 -2060
 
SBO, Argentina Sep 809 6750 Y2101 6190 -560 6380 -370
Oct/Nov/Dec 787 6560 Y2101 6190 -370 6380 -180
Jan 774 6460 Y2105 6080 -380 6380 -80
 
SBO, Brazil Sep 836 6970 Y2101 6190 -780 6380 -590
Oct/Nov/Dec 823 6860 Y2101 6190 -670 6380 -480
Jan 787 6570 Y2105 6080 -490 6380 -190