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Theoretical Margins of Importing Soybean Oil in China--10/19/2020

2020-10-20 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 892 8770 Y2101 6850 -1920 7200 -1570
 
SBO, Argentina Oct/Nov/Dec 875 7010 Y2101 6850 -160 7200 190
Jan/Feb 871 6980 Y2105 6640 -340 7200 220
Mar 842 6750 Y2105 6640 -110 7200 450