Today is 12/23/2024

Cost of Importing Crude Soybean Oil in China--9/18/2020

2020-09-18 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 34.86 -0.05 +300Z 835 66 901 8950 -30
   
SBO, Argentina Oct 34.91 -0.03 +310V 838 66 904 7320 -10
Nov/Dec 34.86 -0.05 +300Z 835 66 901 7300 -20
Jan/Feb 34.99 +0.01 +150H 805 69 874 7080  
   
SBO, Brazil Oct 34.91 -0.03 +540V 889 66 955 7730 90
Nov/Dec 34.86 -0.05 +530Z 887 66 953 7710 100
Jan 34.93 0.00 +370F 851 69 920 7450 250
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.