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

2020-12-10 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 37.72 +0.43 +650H 975 66 1041 10010 110
   
SBO, Argentina Jan 37.86 +0.42 +610F 969 66 1035 8110 90
Feb 37.72 +0.43 +400H 920 66 988 7740 120
Mar 37.72 +0.43 +290H 896 66 962 7540 70
May/Jun/Jul 37.36 +0.37 +170N 861 66 927 7270 60
   
SBO, Brazil Jan 37.86 +0.42 +530F 952 66 1018 7980 -70
Feb 37.72 +0.43 +430H 926 66 992 7780 50
Mar 37.72 +0.43 +350H 908 66 974 7630 90
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.