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Cost of Importing Soybean in China--9/28/2020

2020-09-28 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 1002.5 142 256X 420 42 462 6.8354  3,629  11 
Oct 1002.5 141 255X 420 42 462 6.8520  3,635  12 
Nov 1002.5 141 255X 420 42 462 6.8655  3,642  13 
Dec 1006.25 135 249F 419 42 461 6.8655  3,636  14 
Jan 1006.25 130 235F 417 38.5 456 6.9047  3,615  14 
Soybean,
US PNW		 Oct 1002.5 177 245X 433 25 458 6.8520  3,606  12 
Nov 1002.5 178 246X 434 25 459 6.8655  3,616  13 
Dec 1006.25 172 240F 433 25 458 6.8655  3,609  14 
Soybean,
 Brazil		 Sep 1002.5 182 258X 435 28 463 6.8354  3,635  12 
Oct 1002.5 185 261X 436 28 464 6.8520  3,652  12 
Nov 1002.5 185 264X 436 29 465 6.8655  3,666  12 
Dec 1006.25 182 261F 437 29 466 6.8655  3,669  14 
Jan 1006.25 106 185F 409 29 438 6.9047  3,473  14 
Feb 1001.25 100 180H 405 29.5 434 6.9047  3,445  16 
Mar 1001.25 77 159H 396 30 426 6.9047  3,383  14 
Apr 999.5 70 153K 393 30.5 423 6.9047  3,362  19 
May 999.5 72 155K 394 30.5 424 6.9047  3,368  19 
Jun 1002 77 160N 396 30.5 427 6.9047  3,389  20 
Soybean, Argentina Sep 1002.5 110 222X 409 41 450 6.8354  3,531  11 
May 1002 35 138N 381 38 419 6.9047  3,328  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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