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Cost of Importing Soybean in China--1/27/2021

2021-01-27 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 1370.25 90 210H 536 44 580 6.4855  4,307  67 
Oct 1148.5 132 257X 470 46 516 6.5488  3,877  46 
Soybean,
US PNW		 Feb 1370.25 135 203H 553 25 578 6.4855  4,289  67 
Oct 1148.5 193 250X 493 21 514 6.5488  3,858  46 
Soybean,
 Brazil		 Feb 1370.25 80 170H 533 33 566 6.4855  4,200  67 
Mar 1370.25 62 155H 526 34 560 6.4997  4,168  67 
Apr 1369.5 61 154K 526 34 560 6.5121  4,171  67 
May 1369.5 64 159K 527 35 562 6.5488  4,210  69 
Jun 1352.5 72 170N 523 36 559 6.5488  4,193  62 
Jul 1352.5 82 180N 527 36 563 6.5488  4,220  62 
Soybean, Argentina May 1352.5 55 167N 517 41 558 6.5488  4,183  61 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug，U=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT

 

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