Today is 12/23/2024

Cost of Importing Crude Soybean Oil in China--12/2/2020

2020-12-02 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 Feb/Mar 36.86 -0.41 +650H 956 66 1022 9840 -130
   
SBO, Argentina Dec 37.40 -0.48 +560F 948 66 1014 7960 -120
Jan 37.01 -0.48 +550F 937 66 1003 7870 -160
Feb 36.86 -0.41 +360H 892 66 958 7520 -190
Mar 36.86 -0.41 +230H 863 66 929 7300  
May/Jun/Jul 36.57 -0.35 +130N 835 66 901 7080 -110
   
SBO, Brazil Dec 37.01 -0.48 +700F 970 66 1036 8130 -280
Jan 37.01 -0.48 +650F 959 66 1025 8040  
Feb 36.86 -0.41 +410H 903 66 969 7610 -230
Mar 36.86 -0.41 +300H 879 66 945 7420 -250
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.