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Cost of Importing Crude Soybean Oil in China--10/13/2020

2020-10-14 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 33.16 -0.85 +450Z 830 66 896 8890 -160
   
SBO, Argentina Oct/Nov/Dec 33.16 -0.85 +420Z 824 66 890 7200 -20
Jan/Feb 33.18 -0.76 +370H 814 69 883 7140 -20
Mar 33.18 -0.76 +200H 776 69 845 6840 -30
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.