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Cost of Importing Crude Soybean Oil in China--9/15/2020

2020-09-15 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 34.29 +0.58 +350Z 833 66 899 8980 80
   
SBO, Argentina Oct 34.23 +0.62 +240V 808 66 874 7110 90
Nov/Dec 34.29 +0.58 +240Z 809 66 875 7120 70
Jan/Feb 34.52 +0.55 +180H 800 69 869 7070 80
   
SBO, Brazil Oct 34.23 +0.62 +460V 856 66 922 7510 100
Nov/Dec 34.29 +0.58 +460Z 857 66 923 7510 130
Jan 34.41 +0.60 +260F 816 69 885 7200 100
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.