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Theoretical Margins of Importing Soybean Oil in China--2/19/2021

2021-02-19 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 1171 11240 Y2105 8280 -2960 9180 -2060
 
SBO, Argentina Mar 1122 8730 Y2105 8280 -450 9180 450
Apr 1072 8400 Y2105 8280 -120 9180 780
May/Jun/Jul 1037 8170 Y2109 7560 -610 9180 1010
 
SBO, Brazil Mar 1124 8740 Y2105 8280 -460 9180 440
Apr/May 1080 8460 Y2105 8280 -180 9180 720
Jun/Jul 1055 8310 Y2109 7560 -750 9180 870