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Cost of Importing Crude Soybean Oil in China--11/3/2020

2020-11-03 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 33.19 -0.42 +550Z 853 65 918 9030 -90
   
SBO, Argentina Nov 33.19 -0.42 +420Z 824 65 889 7130 -70
Dec 33.19 -0.42 +420Z 824 65 889 7130 -30
Jan/Feb 32.89 -0.35 +380H 809 66 875 7020  
   
SBO, Brazil Jan 33.08 -0.38 +580F 857 66 923 7400 -90
Feb 32.89 -0.35 +470H 829 66 895 7180 -80
Mar 32.89 -0.35 +340H 800 66 866 6950 -80
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.