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Cost of Importing Soybean in China--1/7/2021

2021-01-07 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 1365.25 98 200F 538 37.5 575 6.4645  4,254  44 
Feb 1361.5 97 199H 536 37.5 573 6.4725  4,246  37 
Soybean,
US PNW		 Jan 1365.25 132 200F 550 25 575 6.4645  4,254  67 
Feb 1361.5 130 198H 548 25 573 6.4725  4,244  63 
Oct 1153.25 170 227X 486 21 507 6.5140  3,789  33 
Soybean,
 Brazil		 Jan 1361.5 106 185H 539 29 568 6.4645  4,204  34 
Feb 1361.5 83 162H 531 29 560 6.4725  4,147  19 
Mar 1361.5 61 140H 523 29 552 6.4820  4,094  27 
Apr 1360.25 58 138K 521 29.5 551 6.5140  4,106  27 
May 1360.25 62 144K 523 30 553 6.5140  4,121  36 
Jun 1347 74 160N 522 31.5 554 6.5140  4,128  29 
Jul 1347 85 172N 526 32 558 6.5140  4,162  31 
Soybean, Argentina May 1347 55 153N 515 36 551 6.5140  4,110  31 
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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