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

2020-09-09 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 33.40 +0.51 +350Z 814 66 880 8860 140
   
SBO, Argentina Oct 33.27 +0.50 +180V 773 66 839 6890 90
Nov/Dec 33.40 +0.51 +180Z 776 66 842 6920 100
Jan/Feb 33.70 +0.54 +140H 774 69 843 6920 110
   
SBO, Brazil Oct 33.27 +0.50 +410V 824 66 890 7310 130
Nov/Dec 33.40 +0.51 +400Z 825 66 891 7310 110
Jan 33.55 +0.53 +200F 784 69 853 7000 110
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.