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Cost of Importing Crude Soybean Oil in China--9/4/2020

2020-09-04 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 33.29 -0.24 +350Z 811 66 877 8820 -80
   
SBO, Argentina Oct 33.14 -0.25 +200V 775 66 841 6890 -50
Nov/Dec 33.29 -0.24 +190Z 776 66 842 6900 -70
Jan/Feb 33.56 -0.20 +140H 770 69 839 6880 -40
   
SBO, Brazil Oct 33.14 -0.25 +410V 821 66 887 7260 0
Nov/Dec 33.29 -0.24 +400Z 822 66 888 7270 -10
Jan 33.43 -0.24 +200F 781 69 850 6960  
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.