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

2020-11-11 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 1138.25 150 256X 473 39 512 6.6097  3,882  83 
Dec 1146 142 248F 473 39 512 6.6238  3,889  88 
Jan 1146 139 242F 472 38 510 6.6391  3,882  89 
Feb 1144 137 240H 471 38 509 6.6391  3,871  88 
Soybean,
US PNW		 Nov 1138.25 190 253X 488 23 511 6.6097  3,872  83 
Dec 1146 189 252F 490 23 513 6.6238  3,899  89 
Jan 1146 179 242F 487 23 510 6.6391  3,880  81 
Feb 1144 171 234H 483 23 506 6.6391  3,853  86 
Soybean,
 Brazil		 Nov 1138.25 225 304X 501 29 530 6.6097  4,012  82 
Dec 1146 224 303F 503 29 532 6.6238  4,039  88 
Jan 1146 136 212F 471 28 499 6.6391  3,799  70 
Feb 1144 129 205H 468 28 496 6.6391  3,775  73 
Mar 1144 102 175H 458 27 485 6.6788  3,715  88 
Apr 1141.5 86 162K 451 28 479 6.6788  3,672  88 
May 1141.5 90 169K 452 29 481 6.6788  3,690  88 
Jun 1136.25 90 170N 451 29.5 480 6.6788  3,679  83 
Jul 1136.25 97 179N 453 30 483 6.6788  3,702  83 
Soybean, Argentina Nov 1138.25 150 262X 473 41 514 6.6097  3,896  82 
May 1136.25 61 162N 440 37 477 6.6788  3,656  84 
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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