Today is 12/22/2024

Theoretical Margins of Importing Soybean Oil in China--1/22/2021

2021-01-22 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 Mar/Apr 1116 10740 Y2105 7550 -3190 8470 -2270
 
SBO, Argentina Feb 1056 8250 Y2105 7550 -700 8470 220
Mar 1036 8090 Y2105 7550 -540 8470 380
Apr 999 7840 Y2105 7550 -290 8470 630
May/Jun/Jul 981 7740 Y2109 7080 -660 8470 730
 
SBO, Brazil Feb 1080 8430 Y2105 7550 -880 8470 40
Mar 1056 8240 Y2105 7550 -690 8470 230
Apr/May 1019 8000 Y2105 7550 -450 8470 470
Jun/Jul 995 7850 Y2109 7080 -770 8470 620