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Cost of Importing Crude Soybean Oil in China--9/10/2020

2020-09-10 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 33.21 -0.19 +350Z 809 66 875 8800 -60
   
SBO, Argentina Oct 33.00 -0.27 +170V 765 66 831 6820 -70
Nov/Dec 33.21 -0.19 +170Z 770 66 836 6860 -60
Jan/Feb 33.54 -0.16 +120H 766 69 835 6850 -70
Mar 33.54 -0.16 +40H 748 69 817 6700  
   
SBO, Brazil Oct 33.00 -0.27 +460V 829 66 895 7330 20
Nov/Dec 33.21 -0.19 +400Z 821 66 887 7270 -40
Jan 33.38 -0.17 +200F 780 69 849 6960 -40
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.