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

2020-10-09 www.cofeed.com
Product Delivery CBOT Var. Premium FOB Freight CFR China  Duty Paid
/lb /lb 0.01/lb USD/tonne USD/tonne USD/tonne CNY/tonne
SBO, US Gulf Nov/Dec 33.00 -0.03 +450Z 827 66 893 8810
 
SBO, Argentina Oct 33.24 -0.07 +340V 808 66 874 7040
Nov/Dec 33.00 -0.03 +350Z 805 66 871 7010
Jan/Feb 32.98 -0.01 +280H 789 69 858 6910
Mar 32.98 -0.01 +130H 756 69 825 6640
 
SBO, Brazil Jan 33.03 +0.01 +460F 830 69 899 7230
Feb 32.98 -0.01 +430H 822 69 891 7170
Mar 32.98 -0.01 +270H 787 69 856 6890
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.