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Cost of Importing Soybean in China--4/14/2021

2021-04-14 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 1389.5 90 245K 544 57 601 6.5498  4,496  22 
Oct 1251.25 131 275X 508 53 561 6.6196  4,248  22 
Nov 1251.25 116 260X 502 53 555 6.6196  4,207  22 
Soybean,
US PNW		 Apr 1389.5 145 235K 564 33 597 6.5498  4,468  22 
Oct 1251.25 188 270X 529 30 559 6.6196  4,233  22 
Nov 1251.25 173 255X 523 30 553 6.6196  4,192  22 
Soybean,
 Brazil		 Apr 1389.5 17 150K 517 49 566 6.5498  4,240  27 
May 1389.5 22 155K 519 49 568 6.5635  4,262  29 
Jun 1384.75 34 165N 521 48 569 6.5779  4,284  16 
Jul 1384.75 54 182N 529 47 576 6.5779  4,331  16 
Aug 1384.75 59 187N 530 47 577 6.6196  4,371  40 
Sep 1384.75 67 195N 533 47 580 6.6196  4,393  35 
Soybean, Argentina May 1384.75 -2 150N 508 56 564 6.5635  4,236  16 
Jun 1384.75 8 160N 512 56 568 6.5779  4,272  16 
Jul 1384.75 13 165N 514 56 570 6.5779  4,286  16 
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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