Today is 12/24/2024

Cost of Importing Crude Soybean Oil in China--8/25/2020

2020-08-25 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 31.95 +0.28 +370Z 786 70 856 8700 50
   
SBO, Argentina Sep 31.66 +0.25 +130U 727 70 797 6610 40
Nov/Dec 31.95 +0.28 +140Z 735 70 805 6680 30
Jan/Feb 32.17 +0.24 +100H 731 70 801 6640 30
   
SBO, Brazil Oct 31.74 +0.28 +310V 768 70 838 6950 -40
Nov/Dec 31.95 +0.28 +270Z 764 70 834 6910 -30
Jan 32.08 +0.26 +180F 747 70 817 6770 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.