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Theoretical Margins of Importing Soybean Oil in China--1/5/2021

2021-01-05 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 1123 10650 Y2105 7960 -2690 8820 -1830
 
SBO, Argentina Jan 1166 9010 Y2105 7960 -1050 8820 -190
Feb 1127 8710 Y2105 7960 -750 8820 110
Mar 1068 8260 Y2105 7960 -300 8820 560
Apr 1018 7880 Y2105 7960 80 8820 940
 
SBO, Brazil Jan 1171 9050 Y2105 7960 -1090 8820 -230
Feb 1138 8800 Y2105 7960 -840 8820 20
Mar 1074 8310 Y2105 7960 -350 8820 510
Apr/May 1029 7960 Y2105 7960 0 8820 860