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Theoretical Margins of Importing Soybean Oil in China--3/2/2021

2021-03-02 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 1237 11930 Y2105 8750 -3180 9760 -2170
 
SBO, Argentina Mar 1168 9120 Y2105 8750 -370 9760 640
Apr 1138 8950 Y2105 8750 -200 9760 810
May/Jun/Jul 1092 8590 Y2109 7900 -690 9760 1170
Aug/Sep 1065 8430 Y2109 7900 -530 9760 1330
Oct/Nov/Dec 1039 8280 Y2201 7590 -690 9760 1480
 
SBO, Brazil Apr 1140 8900 Y2105 8750 -150 9760 860
May 1131 8890 Y2109 7900 -990 9760 870
Jun/Jul 1111 8740 Y2109 7900 -840 9760 1020
Aug/Sep 1070 8470 Y2109 7900 -570 9760 1290
Oct/Nov/Dec 1039 8290 Y2201 7590 -700 9760 1470