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Cost of Importing Soybean in China--7/7/2020

2020-07-07 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 906.25 76 185X 361 40 401 7.0070  3,234  2 
Aug 906.25 77 187X 361 40.5 402 7.0195  3,246  2 
Sep 906.25 86 196X 365 41 406 7.0305  3,281  1 
Oct 906.25 89 202X 366 41.5 407 7.0305  3,294  2 
Nov 906.25 90 203X 366 41.5 408 7.0630  3,312  6 
Dec 910.5 90 203F 368 41.5 409 7.0630  3,324  5 
Soybean,
US PNW		 Oct 906.25 130 190X 381 22 403 7.0305  3,259  2 
Nov 906.25 130 190X 381 22 403 7.0630  3,273  6 
Dec 910.5 127 187F 381 22 403 7.0630  3,277  5 
Soybean,
 Brazil		 Jul 906.25 108 190X 373 30 403 7.0070  3,247  2 
Aug 906.25 111 193X 374 30 404 7.0195  3,262  2 
Sep 906.25 124 207X 379 30.5 409 7.0305  3,308  1 
Oct 906.25 131 214X 381 30.5 412 7.0305  3,329  1 
Nov 906.25 137 220X 383 30.5 414 7.0630  3,361  5 
Dec 910.5 134 217F 384 30.5 414 7.0630  3,365  5 
Jan,2021 910.5 77 157F 363 29.5 392 7.0630  3,191  6 
Feb,2021 904 61 141H 355 29.5 384 7.0630  3,125  6 
Mar,2021 904 47 127H 349 29.5 379 7.0630  3,085  7 
Apr,2021 901 42 122K 346 29.5 376 7.0630  3,061  5 
May,2021 901 47 127K 348 29.5 378 7.0630  3,076  6 
Soybean, Argentina Aug 906.25 73 176X 360 38 398 7.0195  3,215  7 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug，U=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT

 

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