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Cost of Importing Crude Soybean Oil in China--2/8/2021

2021-02-08 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 44.05 -0.19 +430K 1066 63 1129 10860 -90
   
SBO, Argentina Mar 44.66 -0.28 +120H 1011 63 1074 8370 -240
Apr 44.05 -0.19 -40K 962 63 1025 8040 -80
May/Jun/Jul 43.46 -0.03 -150N 925 63 988 7800 -50
   
SBO, Brazil Mar 44.66 -0.28 +130H 1013 63 1076 8390 -240
Apr/May 44.05 -0.19 -70K 956 63 1019 8000 -230
Oct/Nov/Dec 40.63 +0.16 +150Z 929 63 992 7900  
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.