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Theoretical Margins of Importing Soybean Oil in China--4/6/2021

2021-04-06 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/May 1353 13260 Y2105 8800 -4460 9400 -3860
 
SBO, Argentina Apr 1271 10150 Y2105 8800 -1350 9400 -750
15-Apr/15-May 1263 10090 Y2109 8240 -1850 9400 -690
May 1260 10070 Y2109 8240 -1830 9400 -670
Jun/Jul 1202 9670 Y2109 8240 -1430 9400 -270
Jul 1209 9730 Y2109 8240 -1490 9400 -330
 
SBO, Brazil May 1267 10130 Y2109 8240 -1890 9400 -730
Jun 1220 9820 Y2109 8240 -1580 9400 -420
Jul 1215 9780 Y2109 8240 -1540 9400 -380
Aug/Sep 1148 9240 Y2109 8240 -1000 9400 160
Oct/Nov/Dec 1127 9130 Y2201 7980 -1150 9400 270