Today is 04/19/2024

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

2021-01-22 www.cofeed.com
Product Delivery CBOT Var. Premium FOB Freight CFR China  Duty Paid Var.
/lb /lb 0.01/lb USD/tonne USD/tonne USD/tonne CNY/tonne CNY/tonne
SBO, US Gulf Mar/Apr 42.75 +0.83 +500K 1053 63 1116 10740  
   
SBO, Argentina Feb 43.43 +0.89 +160H 993 63 1056 8250 40
Mar 43.43 +0.89 +70H 973 63 1036 8090 180
Apr 42.75 +0.83 -30K 936 63 999 7840 110
May/Jun/Jul 42.15 +0.88 -50N 918 63 981 7740 120
   
SBO, Brazil Feb 43.43 +0.89 +270H 1017 63 1080 8430 10
Mar 43.43 +0.89 +160H 993 63 1056 8240 110
Apr/May 42.75 +0.83 +60K 956 63 1019 8000 150
Jun/Jul 42.15 +0.88 +10N 932 63 995 7850 120
Duty paid price includes the port charge (port charge= CNY80).
Freight is subject to change and for reference only.
The quotation in actual transaction shall prevail.
The tariff for soybean oil from Argentina and Brazil is 9%, and the addtional tariff for US soybean oil is 25%.
F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug, U=Sept, V=Oct, X=Nov, Z=Dec.