Today is 12/23/2024

Cost of Importing Crude Soybean Oil in China--1/4/2021

2021-01-04 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 42.40 +0.54 +580H 1063 66 1129 10730 20
   
SBO, Argentina Jan 43.33 +0.66 +700F 1110 66 1176 9100  
Feb 42.40 +0.54 +450H 1034 66 1100 8520 20
Mar 42.40 +0.54 +330H 1008 66 1074 8320 20
Apr 41.52 +0.50 +200K 960 66 1026 7950 10
May/Jun/Jul 40.94 +0.33 +160N 938 66 1004 7780  
   
SBO, Brazil Jan 43.33 +0.66 +700F 1110 66 1176 9100  
Feb 42.40 +0.54 +700H 1089 66 1155 8940 20
Mar 42.40 +0.54 +360H 1014 66 1080 8370 -20
Apr/May 41.52 +0.50 +220K 964 66 1030 7970 0
Jun/Jul 40.94 +0.33 +170N 940 66 1006 7800  
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.