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Cost of Importing Crude Soybean Oil in China--8/4/2020

2020-08-04 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 31.32 +0.56 +350Z 768 63 831 8540 140
   
SBO, Argentina Aug 31.67 +0.76 +400Q 786 63 849 7110 140
Sep 31.22 +0.75 +320U 759 63 822 6880 140
Oct/Dec 31.32 +0.56 +210Z 737 63 800 6700 90
   
SBO, Brazil Sep 31.22 +0.75 +510U 801 63 864 7230 70
Oct/Nov/Dec 31.32 +0.56 +360Z 770 63 833 6970 140
Jan 31.49 +0.56 +220F 743 70 813 6810 110
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.