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Cost of Importing Soybean in China--4/23/2021

2021-04-23 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		 May 1533.25 68 235K 588 61.5 650 6.4877  4,813  93 
Oct 1338.25 130 280X 539 55 594 6.5289  4,437  53 
Nov 1338.25 120 270X 536 55 591 6.5289  4,410  53 
Soybean,
US PNW		 May 1533.25 133 230K 612 35.5 648 6.4877  4,798  93 
Oct 1338.25 188 270X 561 30 591 6.5289  4,410  53 
Nov 1338.25 178 260X 557 30 587 6.5289  4,383  54 
Soybean,
 Brazil		 Apr 1533.25 -11 133K 559 53 612 6.4877  4,540  94 
May 1533.25 -4 140K 562 53 615 6.4877  4,568  86 
Jun 1514.25 17 153N 563 50 613 6.5017  4,560  83 
Jul 1514.25 39 170N 571 48 619 6.5146  4,605  76 
Aug 1514.25 59 190N 578 48 626 6.5289  4,669  71 
Sep 1514.25 71 202N 582 48 630 6.5289  4,701  70 
Feb 1308.75 45 151H 497 39 536 6.5289  4,012  55 
Mar 1308.75 25 131H 490 39 529 6.5289  3,958  55 
Soybean, Argentina May 1514.25 -18 140N 550 58 608 6.4877  4,506  87 
Jun 1514.25 -11 147N 552 58 610 6.5017  4,535  89 
Jul 1514.25 -8 150N 553 58 611 6.5146  4,552  88 
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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