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Cost of Importing Crude Soybean Oil in China-4/30/2020

2020-04-30 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 26.17 +0.40 +120N 604 65 669 6960
　
SBO, Argentina Jun-20 26.17 +0.40 -40N 568 65 633 5380
Aug/Sep-20 26.52 +0.39 -50U 574 65 639 5420
Oct/Nov/Dec-20 27.01 +0.38 -50Z 584 65 649 5510
　
SBO, Brazil Jun-20 26.17 +0.40 -10U 575 65 640 5430
Jul-20 26.17 +0.40 -40U 568 65 633 5380
Oct/Nov/Dec-20 27.01 +0.38 -30Z 589 65 654 5550
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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