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Cost of Importing Crude Soybean Oil in China-5/6/2020

2020-05-06 www.cofeed.com
Product Delivery CBOT Var. Premium FOB Freight CFR China  Duty Paid Var.
￠/lb ￠/lb 0.01￠/lb USD/tonne USD/tonne USD/tonne CNY/tonne CNY/tonne
SBO, US Gulf May-20 26.31 +0.16 +120N 607 65 672 7030 40
　
SBO, Argentina Jun-20 26.31 +0.16 -60N 567 65 632 5400 10
Aug/Sep-20 26.68 +0.15 -50U 577 65 642 5480 20
Oct/Nov/Dec-20 27.17 +0.12 -50Z 588 65 653 5580 0
　
SBO, Brazil Jun-20 26.31 +0.16 -30U 574 65 639 5460 30
Jul-20 26.31 +0.16 -50U 569 65 634 5420 10
Oct/Nov/Dec-20 27.17 +0.12 -50Z 588 65 653 5580 -20
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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