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Cost of Importing Soybean in China--4/15/2021

2021-04-15 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 1410 90 245K 551 57 608 6.5402  4,545  49 
Oct 1264 131 275X 513 53 566 6.5802  4,258  10 
Nov 1264 116 260X 507 53 560 6.5802  4,217  10 
Soybean,
US PNW		 Apr 1410 145 235K 571 33 604 6.5402  4,517  49 
Oct 1264 188 270X 533 30 563 6.5802  4,243  10 
Nov 1264 173 255X 528 30 558 6.5802  4,202  10 
Soybean,
 Brazil		 Apr 1410 17 150K 524 49 573 6.5402  4,289  49 
May 1410 22 155K 526 49 575 6.5538  4,312  50 
Jun 1402.25 37 168N 529 48 577 6.5684  4,333  49 
Jul 1402.25 54 182N 535 47 582 6.5684  4,372  41 
Aug 1402.25 59 187N 537 47 584 6.5802  4,393  22 
Sep 1402.25 67 195N 540 47 587 6.5802  4,415  22 
Soybean, Argentina May 1402.25 -2 150N 514 56 570 6.5538  4,277  41 
Jun 1402.25 8 160N 518 56 574 6.5684  4,314  42 
Jul 1402.25 13 165N 520 56 576 6.5684  4,327  41 
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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