Today is 12/22/2024

Cost of Importing Soybean in China--1/21/2021

2021-01-21 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 1369.5 80 200H 533 44 577 6.4743  4,271  -54 
Feb 1369.5 80 200H 533 44 577 6.4871  4,279  -54 
Soybean,
US PNW
Jan 1369.5 127 195H 550 25 575 6.4743  4,258  -54 
Feb 1369.5 127 195H 550 25 575 6.4871  4,266  -55 
Oct 1171.75 168 225X 492 21 513 6.5331  3,844  -54 
Soybean,
 Brazil
Jan 1369.5 110 205H 544 35 579 6.4743  4,285  -28 
Feb 1369.5 77 171H 531 34.5 566 6.4871  4,202  -38 
Mar 1369.5 55 148H 523 34 557 6.4987  4,147  -45 
Apr 1367.25 48 143K 520 35 555 6.5331  4,150  -52 
May 1367.25 55 148K 523 34 557 6.5331  4,162  -51 
Jun 1351.75 72 165N 523 34 557 6.5331  4,166  -42 
Jul 1351.75 80 175N 526 35 561 6.5331  4,195  -42 
Soybean, Argentina May 1351.75 55 158N 517 38 555 6.5331  4,150  -55 
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