Today is 05/04/2025

Cost of Importing Soybean in China--5/25/2020

2020-05-25 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 833.25 65 148N 330 30.5 361 7.1590  2,978  -17 
Aug 833.25 68 151N 331 30.5 362 7.1710  2,991  -20 
Sep 833.25 70 158N 332 32.5 364 7.1710  3,013  -5 
Oct 844.5 78 173X 339 35 374 7.1970  3,101  6 
Soybean,
US PNW
Oct 844.5 107 164X 350 21 371 7.1970  3,074  21 
Soybean,
 Brazil
Jul 833.25 97 160N 342 23 365 7.1590  3,012  36 
Aug 836.5 104 169Q 346 24 370 7.1710  3,055  24 
Sep 844.5 107 178X 350 26 376 7.1710  3,104  19 
Feb,2021 844.75 53 125H 330 26.5 356 7.1970  2,959  24 
Mar,2021 844.75 44 116H 327 26.5 353 7.1970  2,932  35 
Apr,2021 844.75 37 115K 324 28.5 352 7.1970  2,928  27 
May,2021 844.75 39 118K 325 29 354 7.1970  2,938  24 
Soybean, Argentina Jun 833.25 46 133N 323 32 355 7.1450  2,928  21 

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