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Cost of Importing Crude Soybean Oil in China--9/11/2020

2020-09-11 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 0
   
SBO, Argentina Oct 33.03 0.03 +190V 770 66 836 6850 30
Nov/Dec 33.20 -0.01 +200Z 776 66 842 6900 40
Jan/Feb 33.51 -0.03 +150H 772 69 841 6900 50
   
SBO, Brazil Oct 33.03 0.03 +460V 830 66 896 7340 10
Nov/Dec 33.20 -0.01 +420Z 825 66 891 7300 30
Jan 33.35 -0.03 +240F 788 69 857 7020 60
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.