Today is 05/04/2025

Cost of Importing Soybean in China--5/22/2020

2020-05-22 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 835 73 156N 334 30.5 364 7.1300  2,995  -26 
Aug 835 77 160N 335 30.5 366 7.1405  3,011  -26 
Sep 835 74 162N 334 32.5 366 7.1405  3,018  -26 
Oct 845.5 79 174X 340 35 375 7.1670  3,095  -15 
Soybean,
US PNW
Oct 845.5 103 160X 348 21 369 7.1670  3,053  -16 
Soybean,
 Brazil
Jul 835 87 150N 339 23 362 7.1300  2,976  -23 
Aug 838.5 98 163Q 344 24 368 7.1405  3,031  -14 
Sep 845.5 104 175X 349 26 375 7.1405  3,085  -16 
Feb,2021 844.75 49 121H 328 26.5 355 7.1670  2,935  -8 
Mar,2021 844.75 36 108H 324 26.5 350 7.1670  2,897  -7 
Apr,2021 843.75 33 111K 322 28.5 351 7.1670  2,901  -5 
May,2021 843.75 36 115K 323 29 352 7.1670  2,914  -5 
Soybean, Argentina Jun 835 41 128N 322 32 354 7.1170  2,907  -28 
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