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Cost of Importing Soybean in China--2/9/2021

2021-02-09 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 1387.8 103 225H 548 45 593 6.4580 4,377 50
Oct 1179.8 145 270X 487 46 533 6.5295 3,985 45
Soybean,
US PNW		 Feb 1387.8 142 210H 562 25 587 6.4580 4,336 50
Oct 1179.8 192 260X 504 25 529 6.5295 3,958 45
Soybean,
 Brazil		 Feb 1387.8 85 180H 541 35 576 6.4580 4,257 63
Mar 1387.8 53 148H 529 35 564 6.4730 4,181 66
Apr 1386 41 138K 524 35.5 560 6.4872 4,157 58
May 1386 43 140K 525 35.5 561 6.5295 4,189 62
Jun 1368 69 167N 528 36 564 6.5295 4,214 59
Jul 1368 80 178N 532 36 568 6.5295 4,244 54
Soybean, Argentina May 1368 56 168N 523 41 564 6.5295 4,216 51
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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