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Theoretical Margins of Importing Soybean Oil in China--11/11/2020

2020-11-11 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 Dec 981 9520 Y2101 7600 -1920 7900 -1620
 
SBO, Argentina Dec 970 7670 Y2101 7600 -70 7900 230
Jan 963 7620 Y2105 7270 -350 7900 280
Jan/Feb 958 7580 Y2105 7270 -310 7900 320
Mar 922 7290 Y2105 7270 -20 7900 610
 
SBO, Brazil Jan 990 7830 Y2105 7270 -560 7900 70
Feb 947 7490 Y2105 7270 -220 7900 410
Mar 927 7330 Y2105 7270 -60 7900 570