Today is 04/29/2024

Cost of Importing Soybean in China--3/8/2021

2021-03-08 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 1434.25 88 238H 559 55 614 6.5206  4,577  68 
Oct 1247.25 143 285X 511 52 563 6.5944  4,247  62 
Nov 1247.25 138 280X 509 52 561 6.5944  4,233  56 
Soybean,
US PNW
Mar 1434.25 146 230H 581 31 612 6.5206  4,557  68 
Oct 1247.25 187 266X 527 29 556 6.5944  4,196  62 
Soybean,
 Brazil
Mar 1434.25 38 163H 541 46 587 6.5206  4,377  68 
Apr 1430 28 150K 536 45 581 6.5374  4,342  69 
May 1430 29 149K 536 44 580 6.5512  4,346  69 
Jun 1413.75 41 161N 534 44 578 6.5944  4,363  62 
Jul 1413.75 55 172N 540 43 583 6.5944  4,393  62 
Aug 1413.75 68 185N 544 43 587 6.5944  4,429  68 
Soybean, Argentina May 1413.75 24 160N 528 50 578 6.5512  4,333  59 
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