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Theoretical Margins of Importing Soybean Oil in China--4/8/2021

2021-04-08 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/May 1352 13250 Y2105 8640 -4610 9250 -4000
 
SBO, Argentina May 1263 10090 Y2109 8060 -2030 9250 -840
May/Jun/Jul 1214 9770 Y2109 8060 -1710 9250 -520
Jun 1209 9730 Y2109 8060 -1670 9250 -480
Jun/Jul 1205 9690 Y2109 8060 -1630 9250 -440
Aug/Sep 1115 9040 Y2201 7860 -1180 9250 210
 
SBO, Brazil May 1270 10150 Y2109 8060 -2090 9250 -900
Jun 1216 9780 Y2109 8060 -1720 9250 -530
Jun/Jul 1209 9730 Y2109 8060 -1670 9250 -480