Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Feb | 909.25 | 31 | 143H | 345 | 41 | 386 | 3,780 | -69 |
Mar | 909.25 | 28 | 145H | 344 | 43 | 387 | 3,792 | -61 | |
Apr/May | 922.75 | 33 | 150K | 351 | 43 | 394 | 3,860 | -47 | |
Soybean, US PNW | Feb/Mar | 909.25 | 81 | 138H | 364 | 21 | 385 | 3,764 | -52 |
Soybean, Brazil | Feb | 909.25 | 17 | 103H | 340 | 31.5 | 372 | 2,945 | -28 |
Mar | 909.25 | 23 | 110H | 343 | 32 | 375 | 2,968 | -14 | |
Apr/May | 922.75 | 25 | 118K | 348 | 34 | 382 | 3,029 | -10 | |
Jun | 935.75 | 29 | 122N | 354 | 34 | 388 | 3,078 | -14 | |
Jul | 935.75 | 37 | 130N | 357 | 34 | 391 | 3,102 | -4 | |
Aug | 935.75 | 42 | 135N | 359 | 34 | 393 | 3,116 | ||
Soybean, Argentina | May | 935.75 | -8 | 112N | 341 | 44 | 385 | 3,051 | -13 |
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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