Today is 12/25/2024

Cost of Importing Crude Soybean Oil in China--6/23/2020

2020-06-23 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-2020 28.35 -0.17 +150N 658 73 731 7610 0
 
SBO, Argentina Jul-2020 28.35 -0.17 +220N 674 73 747 6350 0
Aug/Sep-2020 28.71 -0.14 +200U 674 73 747 6340 30
Oct/Dec-2020 29.22 -0.09 +110Z 669 73 742 6300 20
 
SBO, Brazil Jul-2020 28.35 -0.17 +250N 680 73 753 6400 -30
Aug/Sep-2020 28.71 -0.14 +240U 686 73 759 6440 30
Oct/Dec-2020 29.22 -0.09 +220Z 692 73 765 6490 30
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.