Today is 11/18/2024

Cost of Importing Soybean in China--1/22/2021

2021-01-22 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 1370.25 80 200H 533 44 577 6.4815  4,277 
Feb 1370.25 80 200H 533 44 577 6.4940  4,286 
Soybean,
US PNW
Jan 1370.25 127 195H 550 25 575 6.4815  4,265 
Feb 1370.25 127 195H 550 25 575 6.4940  4,273 
Oct 1168.5 168 225X 491 21 512 6.5400  3,840  -4 
Soybean,
 Brazil
Jan 1370.25 110 205H 544 35 579 6.4815  4,292 
Feb 1370.25 77 171H 532 34.5 566 6.4940  4,208 
Mar 1370.25 55 148H 524 34 558 6.5058  4,153 
Apr 1368.75 48 143K 521 35 556 6.5400  4,159 
May 1368.75 55 148K 523 34 557 6.5400  4,170 
Jun 1354.5 72 165N 524 34 558 6.5400  4,178  12 
Jul 1354.5 80 175N 527 35 562 6.5400  4,207  12 
Soybean, Argentina May 1354.5 55 158N 518 38 556 6.5400  4,161  11 
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