Today is 03/28/2024

Cost of Importing Soybean in China--1/18/2021

2021-01-18 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 1416.75 78 198H 549 44 593 6.4970  4,407  -21 
Feb 1416.75 78 198H 549 44 593 6.5082  4,414  -21 
Soybean,
US PNW
Jan 1416.75 122 190H 565 25 590 6.4970  4,386  -24 
Feb 1416.75 122 190H 565 25 590 6.5082  4,393  -24 
Oct 1197.75 168 225X 502 21 523 6.5527  3,926  11 
Soybean,
 Brazil
Jan 1416.75 100 195H 557 35 592 6.4970  4,400  -29 
Feb 1416.75 68 162H 545 34.5 580 6.5082  4,318  -29 
Mar 1416.75 50 143H 539 34 573 6.5201  4,274  -28 
Apr 1414.75 45 140K 536 35 571 6.5527  4,283  -27 
May 1414.75 55 148K 540 34 574 6.5527  4,303  -26 
Jun 1401 67 160N 539 34 573 6.5527  4,298  -24 
Jul 1401 75 170N 542 35 577 6.5527  4,327  -24 
Soybean, Argentina May 1401 55 158N 535 38 573 6.5527  4,295  -24 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT