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Cost of Importing Soybean in China--11/6/2020

2020-11-06 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		 Nov 1101.75 158 264X 463 39 502 6.6310  3,816  46 
Dec 1103.75 150 256F 461 39 500 6.6443  3,807  31 
Jan 1103.75 142 245F 458 38 496 6.6587  3,786  33 
Feb 1098 140 243H 455 38 493 6.6587  3,764  34 
Soybean,
US PNW		 Nov 1101.75 192 255X 475 23 498 6.6310  3,790  46 
Dec 1103.75 190 253F 475 23 498 6.6443  3,797  31 
Jan 1103.75 185 248F 473 23 496 6.6587  3,792  33 
Feb 1098 179 242H 469 23 492 6.6587  3,759  34 
Soybean,
 Brazil		 Nov 1101.75 225 304X 487 29 516 6.6310  3,925  46 
Dec 1103.75 224 303F 488 29 517 6.6443  3,935  31 
Jan 1103.75 152 228F 461 28 489 6.6587  3,738  32 
Feb 1098 135 211H 453 28 481 6.6587  3,676  35 
Mar 1098 100 172H 440 27 467 6.6992  3,593  34 
Apr 1093.75 85 161K 433 28 461 6.6992  3,548  35 
May 1093.75 90 169K 435 29 464 6.6992  3,569  34 
Jun 1091 90 170N 434 29.5 463 6.6992  3,565  34 
Jul 1091 97 179N 436 30 466 6.6992  3,588  33 
Soybean, Argentina Nov 1101.75 150 262X 460 41 501 6.6310  3,809  46 
May 1091 65 166N 425 37 462 6.6992  3,553  34 
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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