China's soybean maritime shipping costs continue to rise

K-LinePoet · 2026-03-26T03:16:21+00:00

Middle East geopolitical conflicts show no signs of easing, international crude oil prices remain elevated, and shipping costs for imported soybeans to our country continue to rise. On March 16, shipping rates from the U.S. Gulf to our country for soybeans were quoted at $59/ton, up $2/ton from the same period last week; rates from the U.S. West Coast to our country were quoted at $33/ton, up $2/ton; rates from Brazil to our country were quoted at $52/ton, up $5/ton. (National Grain and Oil Information Center)

K-LinePoet

2026-03-26 03:16:21

There are no signs of easing in the Middle East geopolitical conflicts, and international crude oil prices remain high. The maritime freight rates for imported soybeans continue to rise. On March 16, the shipping rate from the U.S. Gulf to China was $59 per ton, up $2 per ton from the same period last week. The rate from the U.S. West to China was $33 per ton, also up $2 per ton; the rate from Brazil to China was $52 per ton, an increase of $5 per ton. (National Grain and Oil Information Center)

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