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

2021-02-02 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 1133 10880 Y2105 7710 -3170 8590 -2290
 
SBO, Argentina Feb 1132 8830 Y2105 7710 -1120 8590 -240
Mar 1113 8680 Y2105 7710 -970 8590 -90
Apr 1038 8150 Y2105 7710 -440 8590 440
May/Jun/Jul 1007 7950 Y2109 7170 -780 8590 640
Oct/Nov/Dec 1000 7950 Y2201 7070 -880 8590 640
 
SBO, Brazil Mar 1123 8760 Y2105 7710 -1050 8590 -170
Apr/May 1060 8320 Y2105 7710 -610 8590 270
Jun/Jul 1033 8150 Y2109 7170 -980 8590 440
Oct/Nov/Dec 1006 7990 Y2201 7070 -920 8590 600