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 | 850 | 0 | 120X | 312 | 44 | 356 | 3,530 | 16 |
Nov | 850 | 5 | 125X | 314 | 44 | 358 | 3,555 | 17 | |
Dec | 863.75 | 8 | 128F | 320 | 44 | 364 | 3,619 | 15 | |
Soybean, US PNW | Oct | 850 | 32 | 100X | 324 | 25 | 349 | 3,460 | 16 |
Nov | 850 | 30 | 98X | 323 | 25 | 348 | 3,459 | 16 | |
Soybean, Brazil | Oct | 850 | 249 | 355X | 404 | 39 | 443 | 3,530 | -1 |
Nov | 850 | 259 | 360X | 407 | 37 | 444 | 3,550 | 11 | |
Dec | 850 | 264 | 365X | 409 | 37 | 446 | 3,569 | 1 | |
Feb, 2019 | 876.5 | 130 | 225H | 370 | 35 | 405 | 3,255 | -8 | |
Mar, 2019 | 876.5 | 120 | 215H | 366 | 35 | 401 | 3,226 | 12 | |
Apr/May, 2019 | 889.75 | 88 | 183K | 359 | 35 | 394 | 3,172 | 12 | |
Jun, 2019 | 900.25 | 90 | 185N | 364 | 35 | 399 | 3,208 | 11 | |
Soybean, Argentina | Oct | 850 | 206 | 320X | 388 | 42 | 430 | 3,430 | 16 |
May, 2019 | 900.25 | 38 | 152N | 345 | 42 | 387 | 3,113 | 11 | |
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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