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Cost of Importing Soybean in China--12/16/2020

2020-12-16 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 1184.25 111 220F 476 40 516 6.5457  3,871  34 
Jan 1184.25 109 215F 475 39 514 6.5577  3,865  34 
Feb 1188.75 109 215H 477 39 516 6.5686  3,884  33 
Soybean,
US PNW		 Dec 1184.25 137 200F 485 23 508 6.5457  3,816  34 
Jan 1184.25 132 195F 484 23 507 6.5577  3,810  35 
Feb 1188.75 127 190H 483 23 506 6.5686  3,815  34 
Soybean,
 Brazil		 Jan 1184.25 124 200F 481 28 509 6.5577  3,825  35 
Feb 1188.75 111 187H 478 28 506 6.5686  3,808  22 
Mar 1188.75 79 155H 466 28 494 6.6053  3,742  34 
Apr 1190.25 74 150K 464 28 492 6.6053  3,732  32 
May 1190.25 73 151K 464 28.5 493 6.6053  3,733  32 
Jun 1188 81 164N 466 30.5 497 6.6053  3,764  29 
Jul 1188 87 170N 468 30.5 499 6.6053  3,780  29 
Soybean, Argentina May 1188 60 155N 459 35 494 6.6053  3,740  29 
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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