Today is 05/03/2024

Cost of Importing Soybean in China--1/25/2021

2021-01-25 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 1311.75 90 210H 515 44 559 6.5078  4,164  -113 
Feb 1311.75 90 210H 515 44 559 6.5217  4,173  -113 
Oct 1112 133 258X 457 46 503 6.5675  3,792   
Soybean,
US PNW
Jan 1311.75 135 203H 532 25 557 6.5078  4,146  -119 
Feb 1311.75 135 203H 532 25 557 6.5217  4,155  -118 
Oct 1112 183 240X 476 21 497 6.5675  3,743  -97 
Soybean,
 Brazil
Jan 1311.75 112 205H 523 34 557 6.5078  4,150  -142 
Feb 1311.75 85 175H 513 33 546 6.5217  4,079  -129 
Mar 1311.75 62 155H 505 34 539 6.5331  4,031  -122 
Apr 1311.75 58 151K 503 34 537 6.5675  4,041  -118 
May 1311.75 61 165K 504 35 539 6.5675  4,057  -113 
Jun 1298.5 72 170N 504 36 540 6.5675  4,058  -120 
Jul 1298.5 82 180N 507 36 543 6.5675  4,085  -122 
Soybean, Argentina May 1298.5 53 170N 497 43 540 6.5675  4,058  -103 
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