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Cost of Importing Soybean in China--11/19/2020

2020-11-19 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 1175.75 135 241F 482 39 521 6.5783  3,925  16 
Dec 1175.75 135 241F 482 39 521 6.5922  3,933  16 
Jan 1175.75 132 235F 480 38 518 6.6080  3,926  15 
Feb 1174.75 125 228H 478 38 516 6.6080  3,905  17 
Soybean,
US PNW		 Nov 1175.75 171 231F 495 22 517 6.5783  3,897  16 
Dec 1175.75 171 231F 495 22 517 6.5922  3,905  16 
Jan 1175.75 170 230F 494 22 516 6.6080  3,911  15 
Feb 1174.75 165 225H 492 22 514 6.6080  3,895  16 
Soybean,
 Brazil		 Nov 1175.75 213 292F 510 29 539 6.5783  4,062  15 
Dec 1175.75 214 293F 511 29 540 6.5922  4,074  16 
Jan 1175.75 132 208F 480 28 508 6.6080  3,852  15 
Feb 1174.75 134 210H 481 28 509 6.6080  3,855  16 
Mar 1174.75 92 165H 465 27 492 6.6476  3,755  17 
Apr 1172 79 155K 460 28 488 6.6476  3,719  19 
May 1172 79 158K 460 29 489 6.6476  3,727  20 
Jun 1167.25 80 160N 458 29.5 488 6.6476  3,720  20 
Jul 1167.25 82 164N 459 30 489 6.6476  3,729  20 
Soybean, Argentina Nov 1175.75 148 260F 486 41 527 6.5783  3,975  16 
May 1167.25 59 160N 451 37 488 6.6476  3,719  21 
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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