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Cost of Importing Crude Soybean Oil in China-4/29/2020

2020-04-29 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 25.77 +0.30 +130N 597 65 662 6910
　
SBO, Argentina Jun-20 25.77 +0.30 -20N 564 65 629 5360
Aug/Sep-20 26.13 +0.29 -40U 567 65 632 5380
Oct/Nov/Dec-20 26.63 +0.27 -40Z 578 65 643 5480
　
SBO, Brazil Jun-20 25.77 +0.30 0U 568 65 633 5390
Jul-20 25.77 +0.30 -10U 566 65 631 5380
Oct/Nov/Dec-20 26.63 +0.27 -30Z 581 65 646 5500
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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