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Theoretical Margins of Importing Soybean Oil in China--2/8/2021

2021-02-08 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 1129 10860 Y2105 7760 -3100 8670 -2190
 
SBO, Argentina Mar 1074 8370 Y2105 7760 -610 8670 300
Apr 1025 8040 Y2105 7760 -280 8670 630
May/Jun/Jul 988 7800 Y2109 7160 -640 8670 870
 
SBO, Brazil Mar 1076 8390 Y2105 7760 -630 8670 280
Apr/May 1019 8000 Y2105 7760 -240 8670 670
Oct/Nov/Dec 992 7900 Y2201 7080 -820 8670 770