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Cost of Importing Crude Soybean Oil in China-5/19/2020

2020-05-19 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 27.32 +0.74 +120N 629 65 694 7270 170
 
SBO, Argentina Jun-20 27.32 +0.74 +60N 616 65 681 5810 160
Aug/Sep-20 27.68 +0.75 +20U 615 65 680 5810 170
Oct/Nov/Dec-20 28.13 +0.76 +10Z 622 65 687 5860 130
 
SBO, Brazil Jun-20 27.32 +0.74 +60N 616 65 681 5810 120
Jul-20 27.32 +0.74 +40N 611 65 676 5770 100
Oct/Nov/Dec-20 28.13 +0.76 +30Z 627 65 692 5910 170
Duty paid price includes the port charge (port charge= CNY80).
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.