Today is 03/29/2024

Cost of Importing Crude Soybean Oil in China--7/30/2020

2020-07-30 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 Nov/Dec 30.06 +0.14 +350Z 740 63 803 8270 -10
   
SBO, Argentina Aug 29.67 +0.25 +470Q 758 63 821 6890 110
Sep 29.72 +0.19 +360U 735 63 798 6700 -10
Oct/Dec 30.06 +0.14 +240Z 716 63 779 6540 20
   
SBO, Brazil Sep 29.72 +0.19 +550U 777 63 840 7050 -20
Oct/Nov/Dec 30.06 +0.14 +340Z 738 63 801 6730 100
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.