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Theoretical Margins of Importing Soybean Oil in China--9/1/2020

2020-09-01 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 876 8790 Y2101 6710 -2080 6840 -1950
 
SBO, Argentina Sep 823 6740 Y2101 6710 -30 6840 100
Oct 825 6750 Y2101 6710 -40 6840 90
Nov/Dec 832 6800 Y2101 6710 -90 6840 40
Jan/Feb 825 6750 Y2105 6570 -180 6840 90
 
SBO, Brazil Oct 860 7030 Y2101 6710 -320 6840 -190
Nov/Dec 861 7040 Y2101 6710 -330 6840 -200
Jan 835 6830 Y2105 6570 -260 6840 10