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Cost of Importing Crude Soybean Oil in China--1/28/2021

2021-01-28 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 43.69 +0.57 +450K 1063 63 1126 10900 130
   
SBO, Argentina Feb 44.52 +0.61 +30H 988 63 1051 8250 190
Mar 44.52 +0.61 -20H 977 63 1040 8160 190
Apr 43.69 +0.57 -80K 946 63 1009 7970 170
May/Jun/Jul 42.96 +0.51 -100N 925 63 988 7840 210
   
SBO, Brazil Mar 44.52 +0.61 +60H 995 63 1058 8300 170
Apr/May 43.69 +0.57 -20K 959 63 1022 8070 170
Jun/Jul 42.96 +0.51 -50N 936 63 999 7930 160
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.