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Theoretical Margins of Importing Soybean Oil in China--2/1/2021

2021-02-01 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 1126 10820 Y2105 7780 -3040 8660 -2160
 
SBO, Argentina Feb 1093 8510 Y2105 7780 -730 8660 150
Mar 1080 8410 Y2105 7780 -630 8660 250
Apr 1022 8010 Y2105 7780 -230 8660 650
May/Jun/Jul 1004 7910 Y2109 7250 -660 8660 750
 
SBO, Brazil Mar 1086 8450 Y2105 7780 -670 8660 210
Apr/May 1044 8180 Y2105 7780 -400 8660 480
Jun/Jul 1022 8050 Y2109 7250 -800 8660 610