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The cost of importing Brazilian soybeans in our country has remained basically the same as before the holiday.
Brazilian soybean CNF prices for exports to China remain stable compared to before the holiday, and our import costs are basically steady. On February 24, the CNF prices for Brazilian soybeans for shipment in April and May were $463/ton and $468/ton, respectively, roughly unchanged from before the holiday; the landed and taxed costs in South China are 3,708 RMB/ton and 3,747 RMB/ton, slightly higher due to exchange rate fluctuations. (National Grain and Oil Information Center)