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Theoretical Margins of Importing Soybean Oil in China--12/4/2020

2020-12-04 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 1036 9960 Y2105 7390 -2570 8280 -1680
 
SBO, Argentina Feb 968 7590 Y2105 7390 -200 8280 690
Mar 946 7420 Y2105 7390 -30 8280 860
May/Jun/Jul 917 7200 Y2109 7060 -140 8280 1080
 
SBO, Brazil Jan 1023 8020 Y2105 7390 -630 8280 260
Feb 977 7660 Y2105 7390 -270 8280 620
Mar 959 7520 Y2105 7390 -130 8280 760