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Cost of Importing Soybean in China--11/24/2020

2020-11-24 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 1191.5 127 230F 484 38 522 6.5914  3,946  42 
Dec 1191.5 127 230F 484 38 522 6.6059  3,954  42 
Jan 1191.5 126 228F 484 37.5 522 6.6218  3,957  43 
Feb 1192.5 123 225H 483 37.5 521 6.6218  3,952  45 
Soybean,
US PNW		 Nov 1191.5 155 220F 495 24 519 6.5914  3,918  42 
Dec 1191.5 155 220F 495 24 519 6.6059  3,927  43 
Jan 1191.5 150 215F 493 24 517 6.6218  3,923  43 
Feb 1192.5 150 215H 493 24 517 6.6218  3,925  45 
Soybean,
 Brazil		 Nov 1191.5 213 292F 516 29 545 6.5914  4,113  43 
Dec 1191.5 214 293F 516 29 545 6.6059  4,125  44 
Jan 1191.5 136 212F 488 28 516 6.6218  3,914  43 
Feb 1192.5 120 196H 482 28 510 6.6218  3,873  45 
Mar 1192.5 81 157H 468 28 496 6.6623  3,789  44 
Apr 1191 69 145K 463 28 491 6.6623  3,752  44 
May 1191 72 150K 464 28.5 493 6.6623  3,764  44 
Jun 1186.25 82 162N 466 29.5 495 6.6623  3,786  47 
Jul 1186.25 86 168N 467 30 497 6.6623  3,801  48 
Soybean, Argentina May 1186.25 63 158N 459 35 494 6.6623  3,775  42 
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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