Today is 12/22/2024

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

2021-01-26 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 42.21 +0.66 +500K 1041 63 1104 10650 130
   
SBO, Argentina Feb 42.94  +0.67 +160H 982 63 1045 8170 80
Mar 42.94  +0.67 +50H 958 63 1021 7990 110
Apr 42.21 +0.66 -30K 924 63 987 7760 60
May/Jun/Jul 41.72 +0.65 -60N 907 63 970 7670 50
   
SBO, Brazil Apr/May 42.21 +0.66 0K 931 63 994 7820 90
Jun/Jul 41.72 +0.65 -30N 913 63 976 7710 70
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.