Today is 12/24/2024

Cost of Importing Crude Soybean Oil in China--9/3/2020

2020-09-03 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 33.53 +0.65 +350Z 816 70 886 8900 80
   
SBO, Argentina Oct 33.39 +0.63 +190V 778 70 848 6940 110
Nov/Dec 33.53 +0.65 +190Z 781 70 851 6970 110
Jan/Feb 33.76 +0.63 +140H 775 70 845 6920 120
   
SBO, Brazil Oct 33.39 +0.63 +370V 817 70 887 7260 180
Nov/Dec 33.53 +0.65 +370Z 820 70 890 7280 140
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.