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Cost of Importing Soybean in China--7/17/2020

2020-07-17 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 891 81 190X 357 40 397 7.0020  3,202  44 
Aug 891 92 202X 361 40.5 402 7.0020  3,237  55 
Sep 891 93 205X 362 41 403 7.0145  3,250  41 
Oct 891 95 208X 362 41.5 404 7.0265  3,265  47 
Nov 891 92 203X 361 42 403 7.0265  3,260  21 
Dec 895 96 206F 364 42 406 7.0615  3,299  39 
Soybean,
US PNW		 Oct 891 135 195X 377 22 399 7.0265  3,227  34 
Nov 891 135 195X 377 22 399 7.0265  3,227  13 
Dec 895 130 190F 377 22 399 7.0615  3,240  27 
Soybean,
 Brazil		 Aug 891 121 200X 372 29 401 7.0020  3,231  27 
Sep 891 136 215X 377 29 406 7.0145  3,280  27 
Oct 891 142 222X 380 29.5 409 7.0265  3,307  35 
Nov 891 142 225X 380 30.5 410 7.0265  3,315  13 
Dec 895 139 222F 380 30.5 410 7.0615  3,334  28 
Jan,2021 895 77 160F 357 30.5 388 7.0615  3,153  26 
Feb,2021 891.5 65 148H 351 30.5 382 7.0615  3,108  33 
Mar,2021 891.5 45 128H 344 30.5 375 7.0615  3,050  30 
Apr,2021 890.5 39 123K 341 31 372 7.0615  3,033  20 
May,2021 890.5 45 129K 344 31 375 7.0615  3,051  23 
Soybean, Argentina Aug 891 80 183X 357 38 395 7.0020  3,183  23 
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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