Today is 12/22/2024

Cost of Importing Soybean in China--12/21/2020

2020-12-21 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 1220 112 215F 489 38 527 6.5543  3,961  51 
Jan 1220 113 215F 490 37.5 527 6.5543  3,960  56 
Feb 1224 107 209H 489 37.5 527 6.5669  3,962  40 
Soybean,
US PNW
Dec 1220 129 192F 496 23 519 6.5543  3,896  41 
Jan 1220 129 192F 496 23 519 6.5543  3,896  47 
Feb 1224 127 190H 496 23 519 6.5669  3,909  56 
Oct 1081.25 163 220X 457 21 478 6.6144  3,631  58 
Soybean,
 Brazil
Jan 1224 128 207H 497 29 526 6.5543  3,949  85 
Feb 1224 106 185H 489 29 518 6.5669  3,896  50 
Mar 1224 73 155H 477 30 507 6.5770  3,820  40 
Apr 1223.75 68 150K 475 30 505 6.6144  3,827  59 
May 1223.75 73 156K 476 30.5 507 6.6144  3,844  75 
Jun 1219.25 81 165N 478 31 509 6.6144  3,858  59 
Jul 1219.25 88 172N 480 31 511 6.6144  3,877  62 
Soybean, Argentina May 1219.25 67 165N 473 36 509 6.6144  3,857  82 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT