Today is 12/22/2024

Cost of Importing Soybean in China--1/26/2021

2021-01-26 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
Feb 1343.5 90 210H 527 44 571 6.4937  4,240  67 
Oct 1130.25 132 257X 464 46 510 6.5542  3,831  39 
Soybean,
US PNW
Feb 1343.5 135 203H 543 25 568 6.4937  4,222  67 
Oct 1130.25 193 250X 486 21 507 6.5542  3,812  69 
Soybean,
 Brazil
Feb 1343.5 80 170H 523 33 556 6.4937  4,133  54 
Mar 1343.5 62 155H 516 34 550 6.5078  4,101  70 
Apr 1342.75 61 154K 516 34 550 6.5203  4,104  63 
May 1342.75 64 159K 517 35 552 6.5542  4,141  84 
Jun 1328.5 72 170N 515 36 551 6.5542  4,131  73 
Jul 1328.5 82 180N 518 36 554 6.5542  4,158  73 
Soybean, Argentina May 1328.5 55 167N 508 41 549 6.5542  4,122  64 
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