Today is 12/31/2024

Cost of Importing Soybean in China--4/20/2021

2021-04-20 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 1449.75 87 245K 565 58 623 6.5131  4,633  38 
Oct 1284 131 275X 520 53 573 6.5822  4,313  21 
Nov 1284 116 260X 514 53 567 6.5822  4,273  21 
Soybean,
US PNW
Apr 1449.75 145 235K 586 33 619 6.5131  4,606  38 
Oct 1284 185 267X 540 30 570 6.5822  4,290  21 
Nov 1284 173 255X 535 30 565 6.5822  4,257  21 
Soybean,
 Brazil
Apr 1449.75 5 138K 534 49 583 6.5131  4,347  34 
May 1449.75 9 142K 536 49 585 6.5273  4,367  31 
Jun 1436.5 32 160N 540 47 587 6.5406  4,387  32 
Jul 1436.5 46 171N 545 46 591 6.5406  4,417  21 
Aug 1436.5 60 185N 550 46 596 6.5822  4,483  26 
Sep 1436.5 70 195N 553 46 599 6.5822  4,510  32 
Feb 1254.75 45 140H 478 35 513 6.5822  3,867  22 
Soybean, Argentina May 1436.5 0 150N 528 55 583 6.5273  4,351  27 
Jun 1436.5 8 158N 531 55 586 6.5406  4,381  21 
Jul 1436.5 15 165N 533 55 588 6.5406  4,400  32 
Remarks: F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=AugU=Sept, V=Oct, X=Nov, Z=Dec
             3% import duty on Brazilian and Argentine and US soybeans
             9% VAT