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 | 923.25 | 26 | 138H | 349 | 41 | 390 | 3,784 | 0 |
Mar | 923.25 | 30 | 136H | 350 | 42.5 | 393 | 3,815 | 0 | |
Apr/May | 937 | 28 | 144K | 355 | 42.5 | 397 | 3,858 | 0 | |
Soybean, US PNW | Feb/Mar | 923.25 | 74 | 140H | 366 | 25 | 391 | 3,799 | 0 |
Soybean, Brazil | Feb | 923.25 | 45 | 121H | 356 | 28 | 384 | 3,014 | 9 |
Mar | 923.25 | 50 | 126H | 358 | 28 | 386 | 3,031 | 14 | |
Apr/May | 937 | 48 | 127K | 362 | 29 | 391 | 3,073 | 7 | |
Jun | 949.75 | 50 | 129N | 367 | 29 | 396 | 3,116 | 21 | |
Jul | 949.75 | 55 | 137N | 369 | 30 | 399 | 3,138 | 13 | |
Aug | 949.75 | 58 | 140N | 370 | 30 | 400 | 3,147 | 14 | |
Soybean, Argentina | May | 949.75 | -11 | 95N | 345 | 39 | 384 | 3,021 | -17 |
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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