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Cost of Importing Crude Soybean Oil in China-6/9/2020

2020-06-09 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 Jun-20 28.10 -0.04 +180N 659 68 727 7570 -30
 
SBO, Argentina Jul-20 28.10 -0.04 +160N 655 68 723 6140 -40
Aug/Sep-20 28.48 -0.04 +110U 652 68 720 6110 -30
Oct/Nov/Dec-20 29.02 -0.02 +80Z 658 68 726 6160 -60
 
SBO, Brazil Jul-20 28.10 -0.04 +200N 664 68 732 6210 -30
Aug/Sep-20 28.48 -0.04 +130U 657 68 725 6160 -20
Oct/Nov/Dec-20 29.02 -0.02 +140Z 671 68 739 6270 -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.