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Theoretical Margins of Importing Soybean Oil in China--8/17/2020

2020-08-17 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 833 8500 Y2101 6470 -2030 6660 -1840
 
SBO, Argentina Sep 799 6660 Y2101 6470 -190 6660 0
Oct/Nov/Dec 794 6620 Y2101 6470 -150 6660 40
Jan/Feb 782 6510 Y2105 6320 -190 6660 150
 
SBO, Brazil Oct 830 6910 Y2101 6470 -440 6660 -250
Oct/Nov/Dec 817 6800 Y2101 6470 -330 6660 -140
Jan 799 6660 Y2105 6320 -340 6660 0