Product | Delivery | CBOT | Var. | Basis | FOB | Freight | CNF China | Duty Paid |
¢/lb | ¢/lb | 0.01¢/lb | USD/mT | USD/mT | USD/mT | RMB/mT | ||
Soybean oil, US Gulf | Nov/Dec-19 | 31.42 | -0.08 | +200Z | 736 | 65 | 801 | 8250 |
Soybean oil, Argentina | Dec-19 | 31.42 | -0.08 | 80Z | 710 | 65 | 775 | 6510 |
Jan/Feb-20 | 31.89 | -0.09 | 70G | 718 | 65 | 783 | 6580 | |
Mar-20 | 31.89 | -0.09 | 30H | 710 | 65 | 775 | 6510 | |
Apr/May-20 | 32.19 | -0.10 | -70K | 694 | 65 | 759 | 6380 | |
May/Jun/Jul-20 | 32.46 | -0.10 | -80N | 698 | 65 | 763 | 6420 | |
Soybean Oil, Brazil | Dec-19 | 31.42 | -0.08 | 120Z | 719 | 65 | 784 | 6590 |
Jan-20 | 31.62 | -0.09 | 110F | 721 | 65 | 786 | 6610 | |
Jan/Feb-20 | 31.89 | -0.09 | 90G | 723 | 65 | 788 | 6630 | |
Feb-20 | 31.89 | -0.09 | 80G | 720 | 65 | 785 | 6600 | |
Mar-20 | 31.89 | -0.09 | 60H | 716 | 65 | 781 | 6570 | |
Apr/May-20 | 32.19 | -0.10 | -60K | 697 | 65 | 762 | 6410 |
Duty paid price includes the port charge (Port Charge= RMB 80 yuan).
Freight is subject to change and for reference only.
The quotation in actual transaction shall prevail.
The tariff for soybean oil from Argentina and Brazil is 9%, and the addtional tariff for US soybean oil is 25%.
F=Jan,G=Feb,H=Mar,J=Apr,K=May,M=Jun,N=Jul,Q=Aug,U=Sept,V=Oct,X=Nov,Z=Dec