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

2021-04-27 www.cofeed.com
Product Delivery CBOT Var. Premium FOB Freight CFR China  Duty Paid
/lb /lb 0.01/lb USD/tonne USD/tonne USD/tonne CNY/tonne
SBO, Argentina May 65.21 +2.50 -700K 1283 65 1348 10760
Jun 60.89 +2.11 -430N 1248 65 1313 10480
Jul 60.89 +2.11 -450N 1243 65 1308 10440
 
SBO, Brazil May 65.21 +2.50 -500K 1327 65 1392 11110
Jun 60.89 +2.11 -420N 1250 65 1315 10500
Jul 60.89 +2.11 -450N 1243 65 1308 10440
Duty paid price includes the port charge (port charge= CNY80).
Freight is subject to change and for reference only.
The quotation in actual transaction shall prevail.
The tariff for soybean oil from Argentina and Brazil is 9%, and the addtional tariff for US soybean oil is 25%.
F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=Jun, N=Jul, Q=Aug, U=Sept, V=Oct, X=Nov, Z=Dec.