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Cost of Importing Crude Soybean Oil in China--4/22/2021

2021-04-22 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 60.19 +1.87 -320K 1257 65 1322 10560
Jun 56.94 +1.80 -210N 1209 65 1274 10180
Jul 56.94 +1.80 -230N 1203 65 1268 10130
Aug 51.75 +1.32 -50U 1130 65 1195 9610
Sep 51.75 +1.32 -50U 1130 65 1195 9610
 
SBO, Brazil May 60.19 +1.87 -170K 1289 65 1354 10810
Jun 56.94 +1.80 -150N 1222 65 1287 10280
Jul 56.94 +1.80 -170N 1218 65 1283 10250
Aug 51.75 +1.32 -70U 1126 65 1191 9590
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.