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Theoretical Margins of Importing Soybean Oil in China--9/24/2020

2020-09-24 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 878 8810 Y2101 6880 -1930 7130 -1680
 
SBO, Argentina Oct 871 7120 Y2101 6880 -240 7130 10
Oct/Nov/Dec 869 7100 Y2101 6880 -220 7130 30
Nov/Dec 871 7120 Y2101 6880 -240 7130 10
Jan/Feb 865 7070 Y2105 6690 -380 7130 60
 
SBO, Brazil Nov 977 7950 Y2101 6880 -1070 7130 -820
Dec 987 8030 Y2101 6880 -1150 7130 -900
Jan 893 7270 Y2105 6690 -580 7130 -140