Today is 12/25/2024

Cost of Importing Crude Soybean Oil in China--7/8/2020

2020-07-08 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 Jul-2020 28.87 +0.33 +300Q 702 73 775 8000 250
   
SBO, Argentina Aug-2020 28.87 +0.33 +200Q 681 73 751 6320 70
Aug/Sep-2020 29.04 +0.33 +180U 680 73 753 6340 80
Oct/Dec-2020 29.56 +0.33 +140Z 683 73 756 6370 110
   
SBO, Brazil Aug-2020 28.87 +0.33 +290Q 700 73 773 6510 190
Aug/Sep-2020 29.04 +0.33 +250U 695 73 768 6470 190
Oct/Dec-2020 29.56 +0.33 +200Z 695 73 768 6470 120
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.