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 | 814 | 6 | 128X | 301 | 45 | 346 | 3,428 | -40 |
Oct | 814 | 12 | 132X | 303 | 44 | 347 | 3,445 | -41 | |
Nov | 814 | 17 | 137X | 305 | 44 | 349 | 3,468 | -40 | |
Dec | 828 | 22 | 142F | 312 | 44 | 356 | 3,536 | -39 | |
Soybean, US PNW | Sept | 814 | 42 | 110X | 314 | 25 | 339 | 3,362 | -41 |
Oct | 814 | 55 | 120X | 319 | 24 | 343 | 3,404 | -41 | |
Nov | 814 | 63 | 128X | 322 | 24 | 346 | 3,438 | -40 | |
Soybean, Brazil | Sept | 814 | 255 | 350X | 393 | 35 | 428 | 3,408 | -19 |
Oct | 814 | 260 | 355X | 395 | 35 | 430 | 3,428 | -34 | |
Nov | 814 | 270 | 365X | 398 | 35 | 433 | 3,462 | -33 | |
Feb, 2019 | 841.5 | 122 | 220H | 354 | 36 | 390 | 3,133 | -47 | |
Mar, 2019 | 841.5 | 97 | 195H | 345 | 36 | 381 | 3,061 | -32 | |
Apr/May, 2019 | 854.75 | 77 | 175K | 342 | 36 | 378 | 3,042 | -32 | |
Jun, 2019 | 865.25 | 77 | 175N | 346 | 36 | 382 | 3,072 | -31 | |
Soybean, Argentina | Sept | 814 | 190 | 304X | 369 | 42 | 411 | 3,276 | -34 |
May, 2019 | 865.25 | 40 | 154N | 333 | 42 | 375 | 3,013 | -31 | |
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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