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Cost of Importing Soybean in China--1/13/2021

2021-01-13 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 1418.25 90 192H 554 37.5 592 6.4631  4,373  86 
Feb 1418.25 90 192H 554 37.5 592 6.4720  4,379  88 
Soybean,
US PNW		 Jan 1418.25 120 188H 565 25 590 6.4631  4,362  88 
Feb 1418.25 120 188H 565 25 590 6.4720  4,368  80 
Oct 1176.5 168 225X 494 21 515 6.5151  3,847  45 
Soybean,
 Brazil		 Jan 1418.25 94 173H 556 29 585 6.4631  4,322  107 
Feb 1418.25 79 158H 550 29 579 6.4720  4,288  107 
Mar 1418.25 55 134H 541 29 570 6.4839  4,231  95 
Apr 1413.75 55 135K 540 29.5 569 6.5151  4,243  90 
May 1413.75 58 140K 541 30 571 6.5151  4,255  103 
Jun 1399.5 64 150N 538 31.5 569 6.5151  4,243  96 
Jul 1399.5 83 170N 545 32 577 6.5151  4,298  96 
Soybean, Argentina May 1399.5 55 153N 534 36 570 6.5151  4,252  96 
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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