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Cost of Importing Soybean in China--10/9/2020

2020-10-09 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		 Oct 1051 156 270X 443 42 485 6.7189  3,742  140 
Nov 1051 156 270X 443 42 485 6.7340  3,750  141 
Dec 1051.5 151 265F 442 42 484 6.7465  3,744  141 
Jan 1051.5 146 260F 440 42 482 6.7465  3,731  149 
Soybean,
US PNW		 Oct 1051 192 260X 457 25 482 6.7189  3,713  140 
Nov 1051 192 260X 457 25 482 6.7340  3,722  140 
Dec 1051.5 187 255F 455 25 480 6.7465  3,716  139 
Jan 1051.5 185 250F 454 24 478 6.7465  3,703   
Soybean,
 Brazil		 Oct 1051 209 291X 463 30 493 6.7189  3,798  180 
Nov 1051 210 293X 463 30.5 494 6.7340  3,813  180 
Dec 1051.5 190 272F 456 30 486 6.7465  3,762  126 
Jan 1051.5 106 185F 425 29 454 6.7465  3,521  81 
Feb 1032.5 92 171H 413 29 442 6.7868  3,449  31 
Mar 1032.5 79 159H 408 29.5 438 6.7868  3,416  60 
Apr 1024.5 68 150K 401 30 431 6.7868  3,367  27 
May 1024.5 71 153K 402 30 432 6.7868  3,375  29 
Jun 1025.25 71 153N 403 30 433 6.7868  3,377  4 
Jul 1025.25 78 160N 405 30 435 6.7868  3,397   
Soybean, Argentina Oct 1051 116 228X 429 41 470 6.7868  3,659   
May 1025.25 35 138N 390 38 428 6.7868  3,338  26 
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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