Today is 12/26/2024

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

2020-05-22 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 27.11 -0.25 +120N 624 68 692 7250 -50
 
SBO, Argentina Jun-20 27.11 -0.25 +50N 609 68 677 5790 -70
Aug/Sep-20 27.46 -0.23 +20U 610 68 678 5800 -50
Oct/Nov/Dec-20 27.93 -0.22 +20Z 620 68 688 5880 -30
 
SBO, Brazil Jun-20 27.11 -0.25 +120N 624 68 692 5910 -50
Jul-20 27.11 -0.25 +60N 611 68 679 5810 -20
Oct/Nov/Dec-20 27.93 -0.22 +30Z 622 68 690 5900 -30
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.