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Cost of Importing Soybean in China--3/5/2021

2021-03-05 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
Mar 1415.25 88 238H 552 55 607 6.4959  4,509  18 
Oct 1230.5 143 285X 505 52 557 6.5686  4,185  21 
Nov 1230.5 140 282X 504 52 556 6.5686  4,177  24 
Soybean,
US PNW
Mar 1415.25 146 230H 574 31 605 6.4959  4,489  18 
Oct 1230.5 187 266X 521 29 550 6.5686  4,134  15 
Soybean,
 Brazil
Mar 1415.25 38 163H 534 46 580 6.4959  4,309  12 
Apr 1410.5 28 150K 529 45 574 6.5117  4,273  15 
May 1410.5 29 149K 529 44 573 6.5259  4,277  14 
Jun 1395 43 163N 528 44 572 6.5686  4,301  16 
Jul 1395 57 174N 533 43 576 6.5686  4,331  16 
Aug 1395 68 185N 538 43 581 6.5686  4,361  16 
Soybean, Argentina May 1395 27 163N 522 50 572 6.5259  4,274 
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