Today is 05/02/2024

Cost of Importing Crude Soybean Oil in China--3/3/2021

2021-03-03 www.cofeed.com
Product Delivery CBOT Var. Premium FOB Freight CFR China  Duty Paid
/lb /lb 0.01/lb USD/tonne USD/tonne USD/tonne CNY/tonne
SBO, US Gulf Apr 49.66 +0.43 +400K 1183 63 1246 12010
 
SBO, Argentina 15-Mar/15-Apr 49.66 +0.43 +70K 1110 63 1173 9160
Apr 49.66 +0.43 +20K 1099 63 1162 9130
May 49.66 +0.43 -70K 1080 63 1143 8980
May/Jun/Jul 48.69 +0.45 -120N 1047 63 1110 8780
Aug/Sep 46.15 +0.40 +20U 1022 63 1085 8580
Oct/Nov/Dec 44.21 +0.26 +70Z 980 63 1043 8320
Jan/Feb-22     -190 924 63 987 7880
Mar-22     -230 905 63 968 7730
 
SBO, Brazil Mar 49.66 +0.43 +90K 1115 63 1178 9200
Apr 49.66 +0.43 +20K 1099 63 1162 9130
May 49.66 +0.43 -40K 1086 63 1149 9030
Jun/Jul 48.69 +0.45 -80N 1056 63 1119 8850
Aug/Sep 46.15 +0.40 +40U 1026 63 1089 8610
Oct/Nov/Dec 44.21 +0.26 +100Z 997 63 1060 8450
Jan-22 43.81 +0.20 -100F 944 63 1007 8030
Jan/Feb-22     -160 931 63 994 7930
Mar-22     -190 942 63 1005 8020
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.