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Theoretical Margins of Importing Soybean Oil in China--9/21/2020

2020-09-21 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 907 9020 Y2101 7450 -1570 7630 -1390
 
SBO, Argentina Oct 913 7400 Y2101 7450 50 7630 230
Nov/Dec 909 7360 Y2101 7450 90 7630 270
Jan/Feb 875 7100 Y2105 7230 130 7630 530
 
SBO, Brazil Oct 966 7820 Y2101 7450 -370 7630 -190
Nov/Dec 960 7770 Y2101 7450 -320 7630 -130
Jan 927 7510 Y2105 7230 -280 7630 120