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Theoretical Margins of Importing Soybean Oil in China--11/24/2020

2020-11-24 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 Feb/Mar 1051 10160 Y2105 7370 -2790 8030 -2130
 
SBO, Argentina Feb 1003 7910 Y2105 7370 -540 8030 120
Mar 990 7810 Y2105 7370 -440 8030 220
Apr 950 7490 Y2105 7370 -120 8030 540
 
SBO, Brazil Jan 1066 8400 Y2105 7370 -1030 8030 -370
Feb 1027 8100 Y2105 7370 -730 8030 -70
Mar 996 7850 Y2105 7370 -480 8030 180