Today is 04/13/2024

Cost of Importing Soybean in China--4/27/2021

2021-04-27 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 1569 69 235K 602 61 663 6.4880  4,908  75 
Oct 1362 125 275X 546 55 601 6.5581  4,507  40 
Nov 1362 120 270X 544 55 599 6.5581  4,494  54 
Soybean,
US PNW
May 1569 135 230K 626 35 661 6.4880  4,895  77 
Oct 1362 185 267X 568 30 598 6.5581  4,486  46 
Nov 1362 178 260X 566 30 596 6.5581  4,467  54 
Soybean,
 Brazil
Apr 1569 -14 130K 571 53 624 6.4880  4,628  68 
May 1569 -9 135K 573 53 626 6.4880  4,651  63 
Jun 1539.25 9 145N 569 50 619 6.5017  4,607  44 
Jul 1539.25 29 160N 576 48 624 6.5157  4,646  47 
Aug 1539.25 59 190N 587 48 635 6.5581  4,757  61 
Sep 1539.25 69 200N 591 48 639 6.5581  4,784  56 
Feb 1333 45 151H 506 39 545 6.5581  4,095  56 
Mar 1333 22 128H 498 39 537 6.5581  4,033  56 
Soybean, Argentina May 1539.25 -18 140N 559 58 617 6.4880  4,574  51 
Jun 1539.25 -13 145N 561 58 619 6.5017  4,596  59 
Jul 1539.25 -8 150N 563 58 621 6.5157  4,620  61 
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