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

2021-04-14 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 Apr 53.03 +1.58 +80K 1187 65 1252 10000
May 53.03 +1.58 +40K 1178 65 1243 9930
Jun 51.15 +1.57 0N 1128 65 1193 9540
Jun/Jul 51.15 +1.57 -20N 1123 65 1188 9560
Aug/Sep 48.00 +1.26 +60U 1072 65 1137 9150
 
SBO, Brazil May 53.03 +1.58 +80K 1187 65 1252 10000
Jun 51.15 +1.57 +10N 1130 65 1195 9550
Jun/Jul 51.15 +1.57 0N 1128 65 1193 9600
Jul 51.15 +1.57 +10N 1130 65 1195 9550
Aug/Sep 48.00 +1.26 +70U 1074 65 1139 9170
Oct/Nov/Dec 46.68 +0.92 +80Z 1047 65 1112 9010
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.