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Theoretical Margins of Importing Soybean Oil in China--9/3/2020

2020-09-03 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 886 8900 Y2101 6770 -2130 6920 -1980
 
SBO, Argentina Oct 848 6940 Y2101 6770 -170 6920 -20
Nov/Dec 851 6970 Y2101 6770 -200 6920 -50
Jan/Feb 845 6920 Y2105 6630 -290 6920 0
 
SBO, Brazil Oct 887 7260 Y2101 6770 -490 6920 -340
Nov/Dec 890 7280 Y2101 6770 -510 6920 -360