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Cost of Importing Soybean in China--6/15/2020

2020-06-15 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 871.25 80 164N 349 31 380 7.0942  3,110  26 
Aug 879.75 88 172X 356 31 387 7.1053  3,164  26 
Sep 879.75 87 182X 355 35 390 7.1053  3,193  29 
Oct 879.75 92 190X 357 36 393 7.1370  3,229  35 
Nov 879.75 87 185X 355 36 391 7.1370  3,214  20 
Dec 882.25 92 190F 358 36 394 7.1370  3,237  10 
Soybean,
US PNW
Oct 879.75 118 175X 367 21 388 7.1370  3,186  38 
Nov 879.75 118 175X 367 21 388 7.1370  3,186  12 
Dec 882.25 115 172F 366 21 387 7.1370  3,184 
Soybean,
 Brazil
Jul 871.25 135 200N 370 24 394 7.0942  3,216  18 
Aug 872.5 140 208Q 372 25 397 7.1053  3,247  12 
Sep 879.75 140 211X 375 26 401 7.1053  3,276 
Oct 879.75 131 202X 371 26 397 7.1370  3,264  12 
Nov 879.75 139 210X 374 26 400 7.1370  3,287  11 
Dec 882.25 136 207F 374 26 400 7.1370  3,286 
Feb,2021 877.5 67 140H 347 27 374 7.1370  3,077 
Mar,2021 877.5 57 130H 343 27 370 7.1370  3,047 
Apr,2021 877.25 49 125K 340 28 368 7.1370  3,031 
May,2021 877.25 54 130K 342 28 370 7.1370  3,046 
Soybean, Argentina Jun 872.5 63 150Q 344 32 376 7.0820  3,067  12 
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