Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Oct | 855 | 0 | 120X | 314 | 44 | 358 | 3,555 | 25 |
Nov | 855 | 5 | 125X | 316 | 44 | 360 | 3,579 | 24 | |
Dec | 869 | 8 | 128F | 322 | 44 | 366 | 3,645 | 26 | |
Soybean, US PNW | Oct | 855 | 32 | 100X | 326 | 25 | 351 | 3,484 | 24 |
Nov | 855 | 30 | 98X | 325 | 25 | 350 | 3,483 | 24 | |
Soybean, Brazil | Oct | 855 | 260 | 366X | 410 | 39 | 449 | 3,583 | 53 |
Nov | 855 | 265 | 366X | 411 | 37 | 448 | 3,588 | 38 | |
Dec | 855 | 270 | 371X | 413 | 37 | 450 | 3,608 | 39 | |
Feb, 2019 | 882 | 142 | 237H | 376 | 35 | 411 | 3,311 | 56 | |
Mar, 2019 | 882 | 110 | 205H | 364 | 35 | 399 | 3,219 | -7 | |
Apr/May, 2019 | 895.25 | 80 | 175K | 358 | 35 | 393 | 3,171 | -1 | |
Jun, 2019 | 905.25 | 80 | 175N | 362 | 35 | 397 | 3,199 | -9 | |
Soybean, Argentina | Oct | 855 | 225 | 347X | 397 | 45 | 442 | 3,529 | 99 |
May, 2019 | 905.25 | 40 | 154N | 347 | 42 | 389 | 3,139 | 26 | |
Remarks: F=Jan,G=Feb,H=Mar,J=Apr,K=May,M=Jun,N=Jul,Q=Aug,U=Sept,V=Oct,X=Nov,Z=Dec 3% import duty on Brazil and Argentina Additional import duty of 25% on US soybean VAT 10% |
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