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Cost of Importing Crude Soybean Oil in China--4/8/2021

2021-04-08 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 52.85 -1.07 +550K 1287 65 1352 13250
                 
SBO, Argentina May 52.85 -1.07 +150K 1198 65 1263 10090
May/Jun/Jul 51.00 -1.00 +110N 1149 65 1214 9770
Jun 51.00 -1.00 +90N 1144 65 1209 9730
Jun/Jul 51.00 -1.00 +70N 1140 65 1205 9690
Aug/Sep 47.12 -0.53 +50Z 1050 65 1115 9040
 
SBO, Brazil May 52.85 -1.07 +180K 1205 65 1270 10150
Jun 51.00 -1.00 +120N 1151 65 1216 9780
Jun/Jul 51.00 -1.00 +90N 1144 65 1209 9730
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.