Today is 05/23/2025

Cost of Importing Crude Soybean Oil in China--11/9/2020

2020-11-09 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 35.34 -0.13 +550Z 900 65 965 9340 -80
   
SBO, Argentina Dec 35.34 -0.13 +440Z 876 65 941 7420 -80
Jan 35.20 -0.03 +430F 871 66 937 7390 -70
Feb 34.99 +0.02 +350H 848 66 914 7210 -40
   
SBO, Brazil Jan 35.20 -0.03 +600F 908 66 974 7670 -80
Feb 34.99 +0.02 +410H 861 66 927 7310 -100
Mar 34.99 +0.02 +350H 848 66 914 7210 -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.