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Cost of Importing Crude Soybean Oil in China--8/6/2020

2020-08-06 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 31.13 +0.08 +350Z 764 70 834 8520 80
   
SBO, Argentina Aug 31.70 +0.17 +350Q 776 70 846 7040 130
Sep 31.10 +0.05 +350U 763 70 833 6940 140
Oct/Dec 31.13 +0.08 +220Z 735 70 805 6710 90
   
SBO, Brazil Sep 31.10 +0.05 +450U 785 70 855 7120 150
Oct/Nov/Dec 31.13 +0.08 +360Z 766 70 836 6960 140
Jan 31.3 +0.09 +220F 739 70 809 6750 20
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.