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Theoretical Margins of Importing Soybean Oil in China--9/2/2020

2020-09-02 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 877 8810 Y2101 6700 -2110 6830 -1980
 
SBO, Argentina Sep 830 6800 Y2101 6700 -100 6830 30
Oct 834 6830 Y2101 6700 -130 6830 0
Nov/Dec 837 6860 Y2101 6700 -160 6830 -30
Jan/Feb 831 6800 Y2105 6550 -250 6830 30
 
SBO, Brazil Oct 865 7080 Y2101 6700 -380 6830 -250
Nov/Dec 872 7140 Y2101 6700 -440 6830 -310
Jan 838 6860 Y2105 6550 -310 6830 -30