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Theoretical Margins of Importing Soybean Oil in China--4/21/2021

2021-04-21 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 1304 10420 Y2109 8490 -1930 9450 -970
Jun 1243 9930 Y2109 8490 -1440 9450 -480
Jun/Jul 1241 9920 Y2109 8490 -1430 9450 -470
Aug/Sep 1154 9290 Y2109 8490 -800 9450 160
Oct/Nov/Dec 1131 9160 Y2201 8220 -940 9450 290
 
SBO, Brazil May 1317 10520 Y2109 8490 -2030 9450 -1070
Jun 1252 10000 Y2109 8490 -1510 9450 -550
Jul 1249 9980 Y2109 8490 -1490 9450 -530
Aug/Sep 1161 9340 Y2109 8490 -850 9450 110
Oct/Nov/Dec 1131 9160 Y2201 8220 -940 9450 290