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

2020-05-21 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 27.36 +0.27 +120N 630 68 698 7300 100
 
SBO, Argentina Jun-20 27.36 +0.27 +70N 619 68 687 5860 60
Jul-20 27.36 +0.27 +30N 610 68 678 5790  
Aug/Sep-20 27.69 +0.26 +30U 617 68 685 5850 60
Oct/Nov/Dec-20 28.15 +0.26 +20Z 625 68 693 5910 80
 
SBO, Brazil Jun-20 27.36 +0.27 +120N 630 68 698 5960 130
Jul-20 27.36 +0.27 +50N 614 68 682 5830 10
Oct/Nov/Dec-20 28.15 +0.26 +30Z 627 68 695 5930 70
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.