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Cost of Importing Soybean in China--2/22/2021

2021-02-22 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 1377.25 88 240H 538 56 594 6.4730  4,399  78 
Oct 1196.25 128 280X 487 56 543 6.5439  4,066  85 
Soybean,
US PNW		 Feb 1377.25 139 221H 557 30 587 6.4730  4,346  50 
Oct 1196.25 178 260X 505 30 535 6.5439  4,010  43 
Soybean,
 Brazil		 Feb 1377.25 85 210H 537 46 583 6.4730  4,318  96 
Mar 1377.25 47 172H 523 46 569 6.4884  4,227  97 
Apr 1380 38 166K 521 47 568 6.5021  4,226  86 
May 1380 40 168K 522 47 569 6.5439  4,258  82 
Jun 1367.75 42 170N 518 47 565 6.5439  4,231  11 
Jul 1367.75 57 185N 523 47 570 6.5439  4,271  24 
Soybean, Argentina May 1367.75 40 176N 517 50 567 6.5439  4,247  32 
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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