Today is 11/15/2024

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

2021-04-15 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 54.24 +1.21 0K 1196 65 1261 10080
Jun 52.22 +1.07 -20N 1147 65 1212 9690
Jun/Jul 52.22 +1.07 -50N 1140 65 1205 9630
Aug/Sep 48.75 +0.75 +20U 1079 65 1144 9210
 
SBO, Brazil May 54.24 +1.21 +70K 1211 65 1276 10190
Jun 52.22 +1.07 0N 1151 65 1216 9720
Jun/Jul 52.22 +1.07 -20N 1147 65 1212 9690
Jul 52.22 +1.07 -10N 1149 65 1214 9700
Aug/Sep 48.75 +0.75 +50U 1086 65 1151 9260
Oct/Nov/Dec 47.15 +0.47 +60Z 1053 65 1118 9060
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.