Today is 04/24/2024

Cost of Importing Soybean in China--4/21/2021

2021-04-21 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 1472 81 242K 571 59 630 6.4949  4,671  38 
Oct 1299.5 126 270X 524 53 577 6.5629  4,329  16 
Nov 1299.5 116 260X 520 53 573 6.5629  4,302  29 
Soybean,
US PNW
Apr 1472 142 235K 593 34 627 6.4949  4,652  46 
Oct 1299.5 183 265X 545 30 575 6.5629  4,314  24 
Nov 1299.5 173 255X 541 30 571 6.5629  4,287  30 
Soybean,
 Brazil
Apr 1472 -2 135K 540 50.5 591 6.4949  4,386  39 
May 1472 1 138K 541 50.5 592 6.5078  4,403  36 
Jun 1457.75 21 152N 543 48 591 6.5216  4,409  22 
Jul 1457.75 40 168N 550 47 597 6.5216  4,453  36 
Aug 1457.75 57 185N 557 47 604 6.5629  4,527  44 
Sep 1457.75 64 192N 559 47 606 6.5629  4,546  36 
Feb 1270.5 42 137H 482 35 517 6.5629  3,891  24 
Soybean, Argentina May 1457.75 -12 140N 531 56 587 6.5078  4,370  19 
Jun 1457.75 -7 145N 533 56 589 6.5216  4,393  12 
Jul 1457.75 -4 148N 534 56 590 6.5216  4,401 
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