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Theoretical Margins of Importing Soybean Oil in China--3/24/2021

2021-03-24 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, Argentina Apr 1327 10510 Y2105 9270 -1240 10035 -475
May/Jun/Jul 1230 9820 Y2109 8470 -1350 10035 215
Jun/Jul 1223 9760 Y2109 8470 -1290 10035 275
 
SBO, Brazil 15-Apr/15-May 1318 10440 Y2109 8470 -1970 10035 -405
May 1318 10440 Y2109 8470 -1970 10035 -405
Jun 1243 9920 Y2109 8470 -1450 10035 115
Jul 1234 9850 Y2109 8470 -1380 10035 185
Aug/Sep 1165 9300 Y2109 8470 -830 10035 735
Oct/Nov/Dec 1128 9060 Y2201 8150 -910 10035 975