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Theoretical Margins of Importing Soybean Oil in China--2/18/2021

2021-02-18 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 1169 11220 Y2105 8190 -3030 9080 -2140
 
SBO, Argentina Mar 1119 8700 Y2105 8190 -510 9080 380
Apr 1072 8390 Y2105 8190 -200 9080 690
May/Jun/Jul 1026 8090 Y2109 7500 -590 9080 990
 
SBO, Brazil Mar 1121 8720 Y2105 8190 -530 9080 360
Apr/May 1080 8450 Y2105 8190 -740 9080 630
Jun/Jul 1050 8270 Y2109 7500 -770 9080 810