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Cost of Importing Crude Soybean Oil in China--11/5/2020

2020-11-05 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 Dec  34.39 +0.61 +550Z 880 65 945 9240  
   
SBO, Argentina Nov  34.39 +0.61 +440Z 855 65 920 7340 30
Dec  34.39 +0.61 +440Z 855 65 920 7340 10
Jan/Feb 34.13 +0.67 +430H 847 66 913 7280 30
   
SBO, Brazil Jan 34.29 +0.64 +610F 891 66 957 7620 30
Feb 34.13 +0.67 +450H 852 66 918 7320 10
Mar 34.13 +0.67 +350H 830 66 896 7140 40
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.