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Theoretical Margins of Importing Soybean Oil in China--1/26/2021

2021-01-26 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 1104 10650 Y2105 7600 -3050 8500 -2150
 
SBO, Argentina Feb 1045 8170 Y2105 7600 -570 8500 330
Mar 1021 7990 Y2105 7600 -390 8500 510
Apr 987 7760 Y2105 7600 -160 8500 740
May/Jun/Jul 970 7670 Y2109 7100 -570 8500 830
 
SBO, Brazil Apr/May 994 7820 Y2105 7600 -220 8500 680
Jun/Jul 976 7710 Y2109 7100 -610 8500 790