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Theoretical Margins of Importing Soybean Oil in China--4/22/2021

2021-04-22 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 1322 10560 Y2109 8590 -1970 9520 -1040
Jun 1274 10180 Y2109 8590 -1590 9520 -660
Jul 1268 10130 Y2109 8590 -1540 9520 -610
Aug 1195 9610 Y2109 8590 -1020 9520 -90
Sep 1195 9610 Y2201 8320 -1290 9520 -90
 
SBO, Brazil May 1354 10810 Y2109 8590 -2220 9520 -1290
Jun 1287 10280 Y2109 8590 -1690 9520 -760
Jul 1283 10250 Y2109 8590 -1660 9520 -730
Aug 1191 9590 Y2109 8590 -1000 9520 -70