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Cost of Importing Soybean in China--8/11/2020

2020-08-11 www.cofeed.com
Product Delivery CBOT Premium FOB Freight CFR China Exchange Rate Duty Paid Var.
FOB CFR USD/tonne USD/tonne USD/tonne CNY/tonne
Soybean,
 US Gulf
Aug 873.25 103 223X 359 44 403 6.9604  3,227  10 
Sep 873.25 105 225X 359 44 403 6.9725  3,238 
Oct 873.25 107 227X 360 44 404 6.9874  3,250  10 
Nov 873.25 109 229X 361 44 405 6.9874  3,256  10 
Dec 879.25 110 230F 363 44 407 7.0317  3,297 
Soybean,
US PNW
Oct 873.25 146 207X 374 22.5 397 6.9874  3,194  10 
Nov 873.25 147 208X 375 22.5 397 6.9874  3,197  10 
Dec 879.25 145 206F 376 22.5 399 7.0317  3,228 
Soybean,
 Brazil
Aug 873.25 162 245X 380 30.5 411 6.9604  3,291  10 
Sep 873.25 162 246X 380 31 411 6.9725  3,300 
Oct 873.25 164 251X 381 32 413 6.9874  3,321  10 
Nov 873.25 173 259X 384 31.5 416 6.9874  3,343  10 
Dec 879.25 171 255F 386 31 417 7.0317  3,371  10 
Jan,2021 879.25 102 182F 361 29.5 390 7.0317  3,159  21 
Feb,2021 881.75 90 170H 357 29.5 387 7.0317  3,131  22 
Mar,2021 881.75 69 148H 349 29 378 7.0317  3,067  20 
Apr,2021 886.25 53 135K 345 30 375 7.0317  3,041 
May,2021 886.25 57 141K 347 31 378 7.0317  3,061 
Jun,2021 893 62 146N 351 31 382 7.0317  3,095 
Soybean, Argentina Sep 873.25 95 205X 356 40.5 396 6.9725  3,182 
May,2021 893 10 108N 332 36 368 7.0317  2,983 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT