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Cost of Importing Soybean in China--12/10/2020

2020-12-10 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		 Dec 1158.5 111 220F 466 40 506 6.5448  3,801  40 
Jan 1158.5 109 215F 466 39 505 6.5582  3,796  39 
Feb 1163.5 109 215H 468 39 507 6.5686  3,815  36 
Soybean,
US PNW		 Dec 1158.5 137 200F 476 23 499 6.5448  3,746  39 
Jan 1158.5 132 195F 474 23 497 6.5582  3,740  39 
Feb 1163.5 127 190H 474 23 497 6.5686  3,746  36 
Soybean,
 Brazil		 Jan 1158.5 124 200F 471 28 499 6.5582  3,755  39 
Feb 1163.5 119 195H 471 28 499 6.5686  3,761  31 
Mar 1163.5 84 160H 458 28 486 6.6073  3,688  36 
Apr 1164.5 75 151K 455 28 483 6.6073  3,666  34 
May 1164.5 75 153K 455 28.5 484 6.6073  3,670  34 
Jun 1163 81 164N 457 30.5 488 6.6073  3,697  33 
Jul 1163 87 170N 459 30.5 490 6.6073  3,713  33 
Soybean, Argentina May 1163 60 155N 449 35 484 6.6073  3,673  33 
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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