Today is 10/12/2022

Cost of Importing Soybean in China--4/9/2021

2021-04-09 www.mnk-9.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
Apr 1415.25 80 245K 549 60.5 610 6.5825  4,587  23 
Oct 1273.25 130 280X 516 55 571 6.6555  4,343  11 
Nov 1273.25 115 265X 510 55 565 6.6555  4,302  11 
Soybean,
US PNW
Apr 1415.25 141 235K 572 34.5 606 6.5825  4,560  22 
Oct 1273.25 188 270X 537 30 567 6.6555  4,316  11 
Nov 1273.25 173 255X 531 30 561 6.6555  4,274  10 
Soybean,
 Brazil
Apr 1415.25 1 145K 520 53 573 6.5825  4,317  28 
May 1415.25 4 148K 521 53 574 6.5987  4,336  32 
Jun 1409.75 26 165N 527 51 578 6.6125  4,375  37 
Jul 1409.75 49 182N 536 49 585 6.6125  4,423  24 
Aug 1409.75 52 185N 537 49 586 6.6555  4,459  23 
Sep 1409.75 62 195N 541 49 590 6.6555  4,486  22 
Soybean, Argentina May 1409.75 -3 152N 517 57 574 6.5987  4,331  30 
Jun 1409.75 5 160N 520 57 577 6.6125  4,362  45 
Jul 1409.75 10 165N 522 57 579 6.6125  4,376  38 
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