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Cost of Importing Crude Soybean Oil in China--4/12/2021

2021-04-12 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, Argentina May 52.85 -0.53 +30K 1172 65 1237 9890
Jun 50.93 -0.48 +20N 1128 65 1193 9540
Jun/Jul 50.93 -0.48 +10N 1125 65 1190 9570
 
SBO, Brazil May 52.85 -0.53 +80K 1183 65 1248 9970
Jun 50.93 -0.48 +60N 1136 65 1201 9600
Jun/Jul 50.93 -0.48 +30N 1130 65 1195 9610
Jul 50.93 -0.48 +20N 1127 65 1192 9590
Aug/Sep 48.09 -0.52 +70U 1076 65 1141 9180
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.