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Theoretical Margins of Importing Soybean Oil in China--8/13/2020

2020-08-13 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 843 8610 Y2101 6420 -2190 6600 -2010
 
SBO, Argentina Sep 810 6750 Y2101 6420 -330 6600 -150
Oct/Nov/Dec 807 6720 Y2101 6420 -300 6600 -120
Jan 791 6590 Y2105 6260 -330 6600 10
 
SBO, Brazil Sep 843 7020 Y2101 6420 -600 6600 -420
Oct/Nov/Dec 836 6960 Y2101 6420 -540 6600 -360
Jan 805 6710 Y2105 6260 -450 6600 -110