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Theoretical Margins of Importing Soybean Oil in China--9/17/2020

2020-09-17 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 902 8980 Y2101 7180 -1800 7360 -1620
 
SBO, Argentina Oct 904 7330 Y2101 7180 -150 7360 30
Nov/Dec 902 7320 Y2101 7180 -140 7360 40
Jan/Feb 887 7200 Y2105 6990 -210 7360 160
 
SBO, Brazil Oct 942 7640 Y2101 7180 -460 7360 -280
Nov/Dec 939 7610 Y2101 7180 -430 7360 -250
Jan 887 7200 Y2105 6990 -210 7360 160