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Theoretical Margins of Importing Soybean Oil in China--3/8/2021

2021-03-08 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 Apr 1304 12640 Y2105 9390 -3250 10320 -2320
 
SBO, Argentina Apr 1247 9850 Y2105 9390 -460 10320 470
May 1198 9470 Y2109 8370 -1100 10320 850
Jun/Jul 1176 9350 Y2109 8370 -980 10320 970
Aug/Sep 1147 9120 Y2201 8020 -1100 10320 1200
 
SBO, Brazil Apr 1249 9870 Y2105 9390 -480 10320 450
May 1207 9540 Y2109 8370 -1170 10320 780
Jun/Jul 1180 9380 Y2109 8370 -1010 10320 940
Aug/Sep 1153 9170 Y2109 8370 -800 10320 1150
Oct/Nov/Dec 1124 8970 Y2201 8020 -950 10320 1350