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Cost of Importing Crude Soybean Oil in China--2/5/2021

2021-02-05 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 44.24 +0.48 +430K 1070 63 1133 10950 140
   
SBO, Argentina Mar 44.94 +0.46 +210H 1037 63 1100 8610 80
Apr 44.24 +0.48 -40K 967 63 1030 8120 70
May/Jun/Jul 43.49 +0.41 -120N 932 63 995 7850 30
Oct/Nov/Dec 40.47 +0.45 +180Z 932 63 995 7950 120
   
SBO, Brazil Mar 44.94 +0.46 +220H 1039 63 1102 8630 60
Apr/May 44.24 +0.48 +30K 982 63 1045 8230 80
Jun/Jul 43.49 +0.41 0N 959 63 1022 8100  
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.