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Cost of Importing Crude Soybean Oil in China--4/6/2021

2021-04-06 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/May 52.81 +0.68 +550K 1288 65 1353 13260
                 
SBO, Argentina Apr 52.81 +0.68 +190K 1206 65 1271 10150
15-Apr/15-May 52.81 +0.68 +150K 1198 65 1263 10090
May 52.81 +0.68 +140K 1195 65 1260 10070
Jun/Jul 51.17 +0.65 +40N 1137 65 1202 9670
Jul 51.17 +0.65 +70N 1144 65 1209 9730
 
SBO, Brazil May 52.81 +0.68 +170K 1202 65 1267 10130
Jun 51.17 +0.65 +120N 1155 65 1220 9820
Jul 51.17 +0.65 +100N 1150 65 1215 9780
Aug/Sep 48.30 +0.84 +80U 1083 65 1148 9240
Oct/Nov/Dec 47.05 +0.93 +110Z 1062 65 1127 9130
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.