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 | Dec-19/Jan-20 | 31.59 | +0.37 | +200F | 741 | 65 | 806 | 8350 |
Soybean oil, Argentina | Jan-20 | 31.59 | +0.37 | 190F | 739 | 65 | 804 | 6790 |
Mar-20 | 31.86 | +0.36 | 70H | 718 | 65 | 783 | 6610 | |
May/Jun/Jul-20 | 32.47 | +0.34 | -20N | 712 | 65 | 777 | 6560 | |
Soybean Oil, Brazil | Jan-20 | 31.59 | +0.37 | 220F | 745 | 65 | 810 | 6840 |
Mar-20 | 31.86 | +0.36 | 110H | 727 | 65 | 792 | 6690 | |
Apr/May-20 | 32.16 | +0.34 | 50K | 720 | 65 | 785 | 6630 |
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