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Cost of Importing Crude Soybean Oil in China--4/7/2021

2021-04-07 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 53.92 +1.11 +550K 1310 65 1375 13480
                 
SBO, Argentina May 53.92 +1.11 +130K 1218 65 1283 10250
Jun 52.00 +0.83 +120N 1173 65 1238 9960
Jun/Jul 52.00 +0.83 +50N 1158 65 1223 9840
Aug/Sep 48.95 +0.65 +40U 1088 65 1153 9280
 
SBO, Brazil May 53.92 +1.11 +230K 1239 65 1304 10420
Jun 52.00 +0.83 +100N 1169 65 1234 9930
Jun/Jul 52.00 +0.83 +70N 1162 65 1227 9870
Jul 52.00 +0.83 +50N 1158 65 1223 9840
Aug/Sep 48.95 +0.65 +80U 1097 65 1162 9350
Oct/Nov/Dec 47.65 +0.60 +120Z 1077 65 1142 9250
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.