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Cost of Importing Soybean in China--2/18/2021

2021-02-18 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 1383.75 90 212H 541 45 586 6.4811  4,347  -30 
Oct 1189 133 258X 486 46 532 6.5507  3,990 
Soybean,
US PNW
Feb 1383.75 135 203H 558 25 583 6.4811  4,322  -14 
Oct 1189 185 253X 505 25 530 6.5507  3,976  18 
Soybean,
 Brazil
Feb 1383.75 75 176H 536 37 573 6.4811  4,249  -8 
Mar 1383.75 37 138H 522 37 559 6.4930  4,155  -26 
Apr 1384.75 33 136K 521 38 559 6.5092  4,164 
May 1384.75 37 140K 522 38 560 6.5507  4,201  12 
Jun 1372.25 65 168N 528 38 566 6.5507  4,243  29 
Jul 1372.25 75 178N 532 38 570 6.5507  4,270  26 
Soybean, Argentina May 1372.25 55 167N 524 41 565 6.5507  4,238  22 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT