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 | 34.49 | -0.68 | +220F | 809 | 70 | 879 | 9010 |
Soybean oil, Argentina | Feb-20 | 34.77 | -0.68 | +200H | 811 | 70 | 881 | 7360 |
Mar-20 | 34.77 | -0.68 | +120H | 793 | 70 | 863 | 7210 | |
May/Jun/Jul-20 | 35.36 | -0.68 | -20N | 775 | 70 | 845 | 7060 | |
Soybean Oil, Brazil | Feb-20 | 34.77 | -0.68 | +220H | 815 | 70 | 885 | 7400 |
Mar-20 | 34.77 | -0.68 | +160H | 802 | 70 | 872 | 7290 | |
Apr/May-20 | 35.06 | -0.69 | +40K | 782 | 70 | 852 | 7120 |
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