Today is 12/24/2024

Cost of Importing Crude Soybean Oil in China--8/7/2020

2020-08-07 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 31.28 +0.15 +350Z 767 70 837 8580 60
   
SBO, Argentina Sep 31.22 +0.12 +290U 752 70 822 6870 -70
Oct/Nov/Dec 31.28 +0.15 +190Z 732 70 802 6700 -10
Jan 31.43 +0.13 +130F 722 70 792 6630  
   
SBO, Brazil Sep 31.22 +0.12 +480U 794 70 864 7210 90
Oct/Nov/Dec 31.28 +0.15 +360Z 769 70 839 7010 50
Jan 31.43 +0.13 +180F 733 70 803 6720 -30
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.