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Theoretical Margins of Importing Soybean Oil in China--2/24/2021

2021-02-24 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 Apr 1218 11730 Y2105 8590 -3140 9540 -2190
 
SBO, Argentina Mar 1167 9100 Y2105 8590 -510 9540 440
Apr 1125 8840 Y2105 8590 -250 9540 700
May/Jun/Jul 1075 8500 Y2109 7830 -670 9540 1040
 
SBO, Brazil Mar 1184 9230 Y2105 8590 -640 9540 310
Apr 1125 8840 Y2105 8590 -250 9540 700
May 1121 8810 Y2109 7830 -980 9540 730
Jun/Jul 1097 8670 Y2109 7830 -840 9540 870