Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Sept | 830 | 6 | 128X | 307 | 45 | 352 | 3,479 | 51 |
Oct | 830 | 12 | 132X | 309 | 44 | 353 | 3,496 | 51 | |
Nov | 830 | 17 | 137X | 311 | 44 | 355 | 3,519 | 51 | |
Dec | 843.75 | 22 | 142F | 318 | 44 | 362 | 3,586 | 50 | |
Soybean, US PNW | Sept | 830 | 42 | 110X | 320 | 25 | 345 | 3,413 | 51 |
Oct | 830 | 55 | 120X | 325 | 24 | 349 | 3,455 | 51 | |
Nov | 830 | 63 | 128X | 328 | 24 | 352 | 3,489 | 51 | |
Soybean, Brazil | Sept | 830 | 255 | 350X | 399 | 35 | 434 | 3,448 | 40 |
Oct | 830 | 265 | 360X | 402 | 35 | 437 | 3,482 | 54 | |
Nov | 830 | 270 | 365X | 404 | 35 | 439 | 3,501 | 39 | |
Feb, 2019 | 857.25 | 132 | 230H | 363 | 36 | 399 | 3,202 | 69 | |
Mar, 2019 | 857.25 | 107 | 205H | 354 | 36 | 390 | 3,130 | 69 | |
Apr/May, 2019 | 870.25 | 87 | 185K | 352 | 36 | 388 | 3,110 | 68 | |
Jun, 2019 | 880.25 | 77 | 175N | 352 | 36 | 388 | 3,110 | 38 | |
Soybean, Argentina | Sept | 830 | 190 | 304X | 375 | 42 | 417 | 3,316 | 40 |
May, 2019 | 880.25 | 40 | 154N | 338 | 42 | 380 | 3,050 | 37 | |
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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