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Theoretical Margins of Importing Soybean Oil in China--12/24/2020

2020-12-24 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 1094 10500 Y2105 7860 -2640 8690 -1810
 
SBO, Argentina Jan 1132 8850 Y2105 7860 -990 8690 -160
Feb 1069 8360 Y2105 7860 -500 8690 330
Mar 1041 8150 Y2105 7860 -290 8690 540
May/Jun/Jul 969 7590 Y2109 7400 -190 8690 1100