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Theoretical Margins of Importing Soybean Oil in China--11/16/2020

2020-11-16 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 1005 9750 Y2101 7740 -2010 8030 -1720
 
SBO, Argentina Dec 1016 8030 Y2101 7740 -290 8030 0
Jan 1009 7970 Y2105 7320 -650 8030 60
Mar 941 7440 Y2105 7320 -120 8030 590
 
SBO, Brazil Jan 1026 8110 Y2105 7320 -790 8030 -80
Feb 987 7800 Y2105 7320 -480 8030 230
Mar 970 7670 Y2105 7320 -350 8030 360