Today is 12/23/2024

Cost of Importing Crude Soybean Oil in China--12/23/2020

2020-12-23 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 39.96 +0.41 +600H 1013 66 1079 10370 90
   
SBO, Argentina Jan 40.55 +0.59 +680F 1044 66 1110 8700 150
Feb 39.96 +0.41 +500H 991 66 1057 8280 70
Mar 39.96 +0.41 +400H 969 66 1035 8110 170
May/Jun/Jul 39.07 +0.16 +170N 899 66 965 7570 30
   
SBO, Brazil Jan 40.55 +0.59 +730F 1055 66 1121 8780 110
Feb 39.96 +0.41 +690H 1033 66 1099 8610 290
Mar 39.96 +0.41 +390H 967 66 1033 8100 120
Apr/May 39.37 +0.25 +260K 925 66 991 7770 40
Jun/Jul 39.07 +0.16 +220N 910 66 976 7660 10
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.