Today is 05/23/2025

Cost of Importing Crude Soybean Oil in China--11/4/2020

2020-11-04 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 33.78 +0.59 +550Z 866 65 931 9200 170
   
SBO, Argentina Nov 33.78 +0.59 +440Z 842 65 907 7310 180
Dec 33.78 +0.59 +450Z 844 65 909 7330 200
Jan/Feb 33.46 +0.57 +430H 833 66 899 7250 230
   
SBO, Brazil Jan  33.65 +0.57 +610F 876 66 942 7590 190
Feb 33.46 +0.57 +470H 841 66 907 7310 130
Mar 33.46 +0.57 +350H 815 66 881 7100 150
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.