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Cost of Importing Soybean in China--9/25/2020

2020-09-25 www.cofeed.com
Product Delivery CBOT Premium FOB Freight CFR China Exchange Rate Duty Paid Var.
FOB CFR USD/tonne USD/tonne USD/tonne CNY/tonne
Soybean,
 US Gulf		 Sep 1000 142 256X 420 42 462 6.8277  3,618  -45 
Oct 1000 141 255X 419 42 461 6.8425  3,623  -45 
Nov 1000 141 255X 419 42 461 6.8550  3,629  -46 
Dec 1003.25 135 249F 418 42 460 6.8550  3,622  -48 
Jan 1003.25 130 235F 416 38.5 455 6.8945  3,601  -47 
Soybean,
US PNW		 Oct 1000 177 245X 432 25 457 6.8425  3,594  -36 
Nov 1000 178 246X 433 25 458 6.8550  3,603  -37 
Dec 1003.25 172 240F 432 25 457 6.8550  3,595  -48 
Soybean,
 Brazil		 Sep 1000 182 258X 434 28 462 6.8277  3,623  -46 
Oct 1000 185 261X 435 28 463 6.8425  3,640  -30 
Nov 1000 185 264X 435 29 464 6.8550  3,654  -31 
Dec 1003.25 182 261F 435 29 464 6.8550  3,655  -48 
Jan 1003.25 106 185F 408 29 437 6.8945  3,459  -61 
Feb 997.25 100 180H 403 29.5 433 6.8945  3,429  -63 
Mar 997.25 79 159H 395 29.5 425 6.8945  3,369  -58 
Apr 994.75 71 153K 392 30 422 6.8945  3,343  -30 
May 994.75 73 155K 392 30 422 6.8945  3,349  -33 
Jun 997 78 160N 395 30 425 6.8945  3,369  -30 
Soybean, Argentina Sep 1000 110 222X 408 41 449 6.8277  3,520  -45 
May 997 35 136N 379 37 416 6.8945  3,301  -27 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug，U=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT

 

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