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Cost of Importing Soybean in China--4/13/2021

2021-04-13 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		 Apr 1382 90 245K 541 57 598 6.5472  4,474  -64 
Oct 1250.25 131 275X 507 53 560 6.5893  4,226  -60 
Nov 1250.25 116 260X 502 53 555 6.5893  4,185  -60 
Soybean,
US PNW		 Apr 1382 145 235K 561 33 594 6.5472  4,446  -63 
Oct 1250.25 188 270X 528 30 558 6.5893  4,211  -61 
Nov 1250.25 173 255X 523 30 553 6.5893  4,170  -61 
Soybean,
 Brazil		 Apr 1382 15 148K 513 49 562 6.5472  4,213  -55 
May 1382 19 150K 515 49 564 6.5624  4,233  -53 
Jun 1379 34 165N 519 48 567 6.5769  4,268  -58 
Jul 1379 54 182N 526 47 573 6.5769  4,315  -57 
Aug 1379 57 185N 528 47 575 6.5893  4,331  -77 
Sep 1379 67 195N 531 47 578 6.5893  4,358  -78 
Soybean, Argentina May 1379 -2 150N 506 56 562 6.5624  4,220  -58 
Jun 1379 8 160N 510 56 566 6.5769  4,256  -58 
Jul 1379 13 165N 511 56 567 6.5769  4,270  -57 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug，U=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT

 

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