Today is 05/04/2025

Cost of Importing Soybean in China--5/21/2020

2020-05-21 www.cofeed.com
Product Delivery CBOT Premium FOB Freight CFR China Exchange Rate Duty Paid Var.
FOB CFR USD/tonne USD/tonne USD/tonne CNY/tonne
Soybean,
 US Gulf
Jul 846.75 73 156N 338 30.5 368 7.1097  3,021  12 
Aug 846.75 77 160N 339 30.5 370 7.1197  3,037  9 
Sep 846.75 74 162N 338 32.5 371 7.1197  3,044  9 
Oct 854 79 174X 343 35 378 7.1447  3,110  -5 
Soybean,
US PNW
Oct 854 103 160X 352 21 373 7.1447  3,069  -1 
Soybean,
 Brazil
Jul 846.75 86 149N 343 23 366 7.1097  2,999  0 
Aug 849.25 95 160Q 347 24 371 7.1197  3,045  8 
Sep 854 104 175X 352 26 378 7.1197  3,101  23 
Feb,2021 850.25 49 121H 330 26.5 357 7.1447  2,943  18 
Mar,2021 850.25 36 108H 326 26.5 352 7.1447  2,904  14 
Apr,2021 848.25 33 111K 324 28.5 352 7.1447  2,906  23 
May,2021 848.25 36 115K 325 29 354 7.1447  2,919  27 
Soybean, Argentina Jun 846.75 41 128N 326 32 358 7.1002  2,935  29 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT