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Cost of Importing Soybean in China--12/18/2020

2020-12-18 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 1201.25 111 220F 482 40 522 6.5336  3,910  40 
Jan 1201.25 109 215F 481 39 520 6.5457  3,904  40 
Feb 1205.5 109 215H 483 39 522 6.5562  3,922  40 
Soybean,
US PNW		 Dec 1201.25 137 200F 492 23 515 6.5336  3,855  40 
Jan 1201.25 132 195F 490 23 513 6.5457  3,849  41 
Feb 1205.5 127 190H 490 23 513 6.5562  3,853  41 
Soybean,
 Brazil		 Jan 1201.25 124 200F 487 28 515 6.5457  3,864  40 
Feb 1205.5 111 187H 484 28 512 6.5562  3,846  40 
Mar 1205.5 79 155H 472 28 500 6.5930  3,780  40 
Apr 1206 74 150K 470 28 498 6.5930  3,768  37 
May 1206 73 151K 470 28.5 498 6.5930  3,769  37 
Jun 1203.5 81 164N 472 30.5 502 6.5930  3,799  37 
Jul 1203.5 87 170N 474 30.5 505 6.5930  3,815  36 
Soybean, Argentina May 1203.5 60 155N 464 35 499 6.5930  3,775  37 
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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