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Theoretical Margins of Importing Soybean Oil in China--2/5/2021

2021-02-05 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 10950 Y2105 7720 -3230 8620 -2330
 
SBO, Argentina Mar 1100 8610 Y2105 7720 -890 8620 10
Apr 1030 8120 Y2105 7720 -400 8620 500
May/Jun/Jul 995 7850 Y2109 7130 -720 8620 770
Oct/Nov/Dec 995 7950 Y2201 7060 -890 8620 670
 
SBO, Brazil Mar 1102 8630 Y2105 7720 -910 8620 -10
Apr/May 1045 8230 Y2105 7720 -510 8620 390
Jun/Jul 1022 8100 Y2109 7130 -970 8620 520