Today is 12/22/2024

Theoretical Margins of Importing Soybean Oil in China--1/21/2021

2021-01-21 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 1122 10730 Y2105 7640 -3090 8550 -2180
 
SBO, Argentina Feb 1052 8210 Y2105 7640 -570 8550 340
Mar 1014 7910 Y2105 7640 -270 8550 640
Apr 985 7730 Y2105 7640 -90 8550 820
May/Jun/Jul 966 7610 Y2109 7220 -390 8550 940
 
SBO, Brazil Feb 1080 8420 Y2105 7640 -780 8550 130
Mar 1043 8130 Y2105 7640 -490 8550 420
Apr/May 1001 7850 Y2105 7640 -210 8550 700
Jun/Jul 980 7730 Y2109 7220 -510 8550 820