Today is 07/12/2025

Cost of Importing Crude Soybean Oil in China--7/20/2020

2020-07-20 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 29.92 +0.65 +350Q 737 63 800 8240 150
   
SBO, Argentina Aug-2020 29.92 +0.65 +280Q 721 63 784 6580 80
Sep-2020 30.08 +0.66 +240U 716 63 779 6540 50
Oct/Dec-2020 30.54 +0.70 +150Z 706 63 769 6460 110
   
SBO, Brazil Sep-2020 30.08 +0.66 +330U 736 63 799 6710 60
Oct/Nov/Dec-20 30.54 +0.70 +260Z 731 63 794 6660 130
Jan-21 30.74 +0.70 +150F 711 70 781 6560  
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.