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Cost of Importing Crude Soybean Oil in China-4/28/2020

2020-04-28 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 25.47 -0.03 +130N 590 65 655 6850
　
SBO, Argentina Jun-20 25.47 -0.03 -10N 559 65 624 5330
Aug/Sep-20 25.84 -0.05 -40U 561 65 626 5340
Oct/Nov/Dec-20 26.36 -0.04 -30Z 575 65 640 5460
　
SBO, Brazil Jun-20 25.47 -0.03 +10U 564 65 629 5370
Jul-20 25.47 -0.03 +10U 564 65 629 5370
Oct/Nov/Dec-20 26.36 -0.04 -20Z 577 65 642 5480
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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