Today is 12/26/2024

Cost of Importing Crude Soybean Oil in China-6/1/2020

2020-06-01 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 27.38 -0.01 +150N 637 68 705 7390 -40
 
SBO, Argentina Jun-20 27.38 -0.01 +120N 630 68 698 5960 40
Jul-20 27.38 -0.01 +90N 624 68 692 5910  
Aug/Sep-20 27.71 -0.03 +60U 624 68 692 5910 0
Oct/Nov/Dec-20 28.21 -0.23 +60Z 635 68 703 6000 10
 
SBO, Brazil Jul-20 27.38 -0.01 +130N 632 68 700 5980 -60
Aug/Sep-20 27.71 -0.03 +80U 629 68 697 5950  
Oct/Nov/Dec-20 28.21 -0.23 +80Z 640 68 708 6050 20
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.