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Theoretical Margins of Importing Soybean Oil in China--4/12/2021

2021-04-12 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 May 1237 9890 Y2109 7950 -1940 9180 -710
Jun 1193 9540 Y2109 7950 -1590 9180 -360
Jun/Jul 1190 9570 Y2109 7950 -1620 9180 -390
 
SBO, Brazil May 1248 9970 Y2109 7950 -2020 9180 -790
Jun 1201 9600 Y2109 7950 -1650 9180 -420
Jun/Jul 1195 9610 Y2109 7950 -1660 9180 -430
Jul 1192 9590 Y2109 7950 -1640 9180  
Aug/Sep 1141 9180 Y2109 8050 -1130 9180 0