Today is 03/29/2024

Cost of Importing Soybean in China--4/25/2021

2021-04-25 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 1539.75 68 235K 591 61.5 652 6.4914  4,833  20 
Oct 1341.5 130 280X 541 55 596 6.5607  4,467  30 
Nov 1341.5 120 270X 537 55 592 6.5607  4,440  30 
Soybean,
US PNW
May 1539.75 133 230K 615 35.5 650 6.4914  4,818  20 
Oct 1341.5 188 270X 562 30 592 6.5607  4,440  30 
Nov 1341.5 178 260X 558 30 588 6.5607  4,413  30 
Soybean,
 Brazil
Apr 1539.75 -11 133K 562 53 615 6.4914  4,560  20 
May 1539.75 -4 140K 564 53 617 6.5054  4,588  20 
Jun 1516 15 151N 562 50 612 6.5054  4,563 
Jul 1516 34 165N 569 48 617 6.5187  4,599  -6 
Aug 1516 59 190N 579 48 627 6.5607  4,696  27 
Sep 1516 71 202N 583 48 631 6.5607  4,728  27 
Feb 1311.75 45 151H 498 39 537 6.5607  4,039  27 
Mar 1311.75 22 128H 490 39 529 6.5607  3,977  19 
Soybean, Argentina May 1516 -18 140N 550 58 608 6.5054  4,523  17 
Jun 1516 -13 145N 552 58 610 6.5054  4,537 
Jul 1516 -8 150N 554 58 612 6.5187  4,559 
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