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Cost of Importing Soybean in China--1/6/2021

2021-01-06 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		 Jan 1350 98 200F 532 37.5 569 6.4595  4,210  82 
Feb 1347 98 200H 531 37.5 568 6.4702  4,209  83 
Soybean,
US PNW		 Jan 1350 129 192F 543 23 566 6.4595  4,187  82 
Feb 1347 127 190H 542 23 565 6.4702  4,181  83 
Oct 1141.25 170 227X 482 21 503 6.5133  3,756  47 
Soybean,
 Brazil		 Jan 1347 109 188H 535 29 564 6.4595  4,170  84 
Feb 1347 91 170H 528 29 557 6.4702  4,128  78 
Mar 1347 66 145H 519 29 548 6.4788  4,067  81 
Apr 1346.25 62 142K 517 29.5 547 6.5133  4,079  86 
May 1346.25 63 145K 518 30 548 6.5133  4,085  85 
Jun 1335.5 76 160N 519 31 550 6.5133  4,099  77 
Jul 1335.5 88 170N 523 31 554 6.5133  4,131  77 
Soybean, Argentina May 1335.5 55 153N 511 36 547 6.5133  4,079  63 
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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