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Cost of Importing Crude Soybean Oil in China--2/4/2021

2021-02-04 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 43.76 +0.14 +430K 1060 63 1123 10810 30
   
SBO, Argentina Feb 44.48 +0.16 +250H 1036 63 1099 8570 -140
Mar 44.48 +0.16 +230H 1031 63 1094 8530 -100
Apr 43.76 +0.14 -10K 963 63 1026 8050 -40
May/Jun/Jul 43.08 +0.09 -100N 928 63 991 7820 -80
Aug/Sep 41.25 -0.02 -40U 901 63 964 7670  
Oct/Nov/Dec 40.02 -0.08 +180Z 922 63 985 7830 -40
   
SBO, Brazil Mar 44.48 +0.16 +250H 1036 63 1099 8570 -30
Apr/May 43.76 +0.14 +50K 976 63 1039 8150 20
Aug/Sep 41.25 -0.02 +30U 916 63 979 7780 -50
Oct/Nov/Dec 40.02 -0.08 +140Z 913 63 976 7760  
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.