Today is 12/22/2024

Cost of Importing Crude Soybean Oil in China--1/12/2021

2021-01-12 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 42.63 -0.96 +580H 1068 63 1131 10820 -220
   
SBO, Argentina Jan 42.63 -0.96 +630H 1079 63 1142 8910 -100
Feb 42.63 -0.96 +510H 1052 63 1115 8700 -160
Mar 42.63 -0.96 +280H 1002 63 1065 8350 -170
Apr 42.27 -0.95 +150K 965 63 1028 8060 -210
   
SBO, Brazil Feb 42.63 -0.96 +590H 1070 63 1133 8840 -180
Mar 42.63 -0.96 +320H 1011 63 1074 8420 -140
Apr/May 42.27 -0.95 +210K 978 63 1041 8200 -150
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.