Today is 05/25/2025

Cost of Importing Crude Soybean Oil in China--10/14/2020

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 33.62 +0.46 +450Z 841 66 907 8990 100
   
SBO, Argentina Oct/Nov 33.62 +0.46 +350Z 819 66 885 7160  
Dec 33.62 +0.46 +360Z 821 66 887 7180  
Jan 33.66 +0.45 +310F 811 69 880 7120  
Feb 33.62 +0.44 +300H 808 69 877 7060  
May/Jun/Jul 33.58 +0.41 +70N 756 69 825 6640  
   
SBO, Brazil Nov 33.62 +0.46 +750Z 906 66 972 7810  
Dec 33.62 +0.46 +790Z 915 66 981 7880  
Jan 33.66 +0.45 +490F 850 69 919 7390  
Feb 33.62 +0.44 +440H 838 69 907 7300  
Mar 33.62 +0.44 +300H 807 69 876 7050  
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.