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Cost of Importing Soybean in China--10/26/2020

2020-10-26 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 1083.75 161 275X 457 42 499 6.6933  3,832  28 
Nov 1083.75 161 275X 457 42 499 6.6933  3,832  28 
Dec 1081 156 270F 454 42 496 6.7071  3,818  23 
Jan 1081 159 265F 456 39 495 6.7210  3,812  25 
Feb 1067.5 150 255H 447 38.5 486 6.7210  3,746  22 
Soybean,
US PNW		 Oct 1083.75 202 265X 472 23 495 6.6933  3,803  29 
Nov 1083.75 202 265X 472 23 495 6.6933  3,803  29 
Dec 1081 192 255F 468 23 491 6.7071  3,775  24 
Jan 1081 187 250F 466 23 489 6.7210  3,769  19 
Feb 1067.5 185 248H 460 23 483 6.7210  3,726  19 
Soybean,
 Brazil		 Oct 1083.75 236 314X 485 28.5 513 6.6933  3,938  28 
Nov 1083.75 239 315X 486 28 514 6.6933  3,942  29 
Dec 1081 236 314F 484 28.5 512 6.7071  3,938  23 
Jan 1081 156 232F 454 28 482 6.7210  3,721   
Feb 1067.5 159 235H 451 28 479 6.7210  3,691  24 
Mar 1067.5 102 181H 430 29 459 6.7624  3,562  48 
Apr 1061.5 85 167K 421 30 451 6.7624  3,506  40 
May 1061.5 86 168K 422 30 452 6.7624  3,509  48 
Jun 1059.75 93 175N 424 30 454 6.7624  3,523  32 
Jul 1059.75 99 181N 426 30 456 6.7624  3,540  49 
Soybean, Argentina Nov 1083.75 156 268X 455 41 496 6.6933  3,811  29 
May 1059.75 52 155N 408 38 446 6.7624  3,470  33 
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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