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Cost of Importing Crude Soybean Oil in China-4/27/2020

2020-04-27 www.cofeed.com
Product Delivery CBOT Var. Basis FOB Freight CFR China  Duty Paid
￠/lb ￠/lb 0.01￠/lb USD/mT USD/mT USD/mT RMB/mT
SBO, US Gulf May-20 25.05 -0.56 +140K 583 65 648 6760
　
SBO, Argentina Jun-20 25.50 -0.54 +20N 567 65 632 5380
Aug/Sep-20 25.89 -0.52 -20U 566 65 631 5370
Oct/Nov/Dec-20 26.40 -0.50 -20Z 578 65 643 5470
　
SBO, Brazil May-20 25.05 -0.56 +110K 577 65 642 5470
Jun-20 25.50 -0.54 +30U 569 65 634 5400
Oct/Nov/Dec-20 26.40 -0.50 -10Z 580 65 645 5490
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
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