Today is 05/23/2025

Cost of Importing Crude Soybean Oil in China--10/30/2020

2020-10-30 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 33.06 -0.36 +550Z 850 66 916 9040 -90
   
SBO, Argentina Nov 33.06 -0.36 +400Z 817 66 883 7110 -100
Dec 33.06 -0.36 +400Z 817 66 883 7110 -80
Jan 32.91 -0.38 +400F 814 69 883 7110 -80
   
SBO, Brazil Jan 33.06 -0.36 +600F 861 69 930 7480 -40
Feb 32.71 -0.37 +460H 823 69 892 7180 -70
Mar 32.71 -0.37 +330H 794 69 863 6950 -60
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.