Today is 04/23/2024

Cost of Importing Soybean in China--1/20/2021

2021-01-20 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 1385.75 80 200H 539 44 583 6.4906  4,325  -82 
Feb 1385.75 80 200H 539 44 583 6.5035  4,333  -81 
Soybean,
US PNW
Jan 1385.75 127 195H 556 25 581 6.4906  4,312  -74 
Feb 1385.75 127 195H 556 25 581 6.5035  4,321  -72 
Oct 1188.75 168 225X 498 21 519 6.5459  3,898  -28 
Soybean,
 Brazil
Jan 1385.75 100 195H 546 35 581 6.4906  4,313  -87 
Feb 1385.75 71 165H 535 34.5 570 6.5035  4,240  -78 
Mar 1385.75 52 145H 528 34 562 6.5141  4,192  -82 
Apr 1383.25 48 143K 526 35 561 6.5459  4,202  -81 
May 1383.25 55 148K 528 34 562 6.5459  4,213  -90 
Jun 1369.25 67 160N 528 34 562 6.5459  4,208  -90 
Jul 1369.25 75 170N 531 35 566 6.5459  4,237  -90 
Soybean, Argentina May 1369.25 55 158N 523 38 561 6.5459  4,205  -90 
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