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Cost of Importing Soybean in China--6/17/2020

2020-06-17 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 867 83 176N 349 34 383 7.0793  3,124  30 
Aug 873 87 182X 353 35 388 7.0918  3,167  -6 
Sep 873 88 186X 353 36 389 7.1111  3,186  -5 
Oct 873 98 196X 357 36 393 7.1111  3,216  -4 
Nov 873 98 196X 357 36 393 7.1425  3,229  -5 
Dec 876.5 94 192F 357 36 393 7.1425  3,228  -5 
Soybean,
US PNW
Oct 873 118 178X 364 22 386 7.1111  3,162  -6 
Nov 873 115 175X 363 22 385 7.1425  3,167  -6 
Dec 876.5 112 172F 363 22 385 7.1425  3,169  -6 
Soybean,
 Brazil
Jul 867 129 205N 366 28 394 7.0793  3,211  -4 
Aug 868 132 208Q 367 28 395 7.0918  3,228  -5 
Sep 873 133 211X 370 28.5 398 7.1111  3,258  -5 
Oct 873 134 210X 370 28 398 7.1111  3,257  -5 
Nov 873 140 216X 372 28 400 7.1425  3,289  -5 
Dec 876.5 137 213F 372 28 400 7.1425  3,290  -6 
Feb,2021 872.75 68 144H 346 28 374 7.1425  3,076  -5 
Mar,2021 872.75 54 130H 340 28 368 7.1425  3,035  -5 
Apr,2021 872.75 49 125K 339 28 367 7.1425  3,020  -4 
May,2021 872.75 54 130K 340 28 368 7.1425  3,035  -4 
Soybean, Argentina Jul 868 75 170Q 346 35 381 7.0793  3,112  10 
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