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 | 925.25 | 26 | 135H | 349 | 41 | 390 | 3,784 | 23 |
Mar | 925.25 | 30 | 138H | 351 | 42.5 | 393 | 3,815 | 39 | |
Apr/May | 939 | 28 | 145K | 355 | 42.5 | 398 | 3,858 | 7 | |
Soybean, US PNW | Feb/Mar | 925.25 | 74 | 137H | 367 | 25 | 392 | 3,799 | 29 |
Soybean, Brazil | Feb | 925.25 | 32 | 115H | 352 | 31.5 | 383 | 3,005 | 19 |
Mar | 925.25 | 37 | 116H | 354 | 31 | 385 | 3,017 | 25 | |
Apr/May | 939 | 40 | 125K | 360 | 31 | 391 | 3,066 | 9 | |
Jun | 951.75 | 37 | 123N | 363 | 31 | 394 | 3,095 | 4 | |
Jul | 951.75 | 45 | 135N | 366 | 32 | 398 | 3,125 | 0 | |
Aug | 951.75 | 48 | 135N | 367 | 32 | 399 | 3,133 | 8 | |
Soybean, Argentina | May | 951.75 | -5 | 112N | 348 | 39 | 387 | 3,038 | -23 |
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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