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Cost of Importing Crude Soybean Oil in China--9/17/2020

2020-09-17 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 34.91 +0.76 +300Z 836 66 902 8980 50
   
SBO, Argentina Oct 34.94 +0.86 +310V 838 66 904 7330 190
Nov/Dec 34.91 +0.76 +300Z 836 66 902 7320 180
Jan/Feb 34.93 +0.69 +220F 818 69 887 7200  
   
SBO, Brazil Oct 34.94 +0.86 +480V 876 66 942 7640 160
Nov/Dec 34.91 +0.76 +470Z 873 66 939 7610 120
Jan 34.93 +0.69 +220F 818 69 887 7200 20
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.