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Cost of Importing Crude Soybean Oil in China--10/22/2020

2020-10-22 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 33.20 -0.11 +450Z 832 66 898 8800 -20
   
SBO, Argentina Oct/Nov/Dec 33.20 -0.11 +450Z 832 66 898 7170 120
Jan/Feb 33.08 -0.22 +410H 820 69 889 7100 100
Mar 33.08 -0.22 +260H 787 69 856 6840 50
May/Jun/Jul 33.07 -0.27 +120N 756 69 825 6600  
   
SBO, Brazil Dec 33.20 -0.11 +750Z 897 66 963 7690 60
Jan 33.15 -0.16 +580F 858 69 927 7410 30
Feb 33.08 -0.22 +500H 840 69 909 7260 20
Mar 33.08 -0.22 +380H 813 69 882 7050 50
Apr/May 33.05 -0.26 +230K 779 69 848 6780 10
Jun/Jul 33.07 -0.27 +180N 769 69 838 6710 0
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.