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 | 919 | 26 | 138H | 347 | 41 | 388 | 3,755 | -29 |
Mar | 919 | 25 | 141H | 347 | 42.5 | 389 | 3,769 | -46 | |
Apr/May | 932.75 | 22 | 138K | 351 | 42.5 | 393 | 3,809 | -49 | |
Soybean, US PNW | Feb/Mar | 919 | 74 | 142H | 365 | 25 | 390 | 3,771 | -28 |
Soybean, Brazil | Feb | 919 | 45 | 127H | 354 | 30 | 384 | 3,007 | -7 |
Mar | 919 | 48 | 130H | 355 | 30 | 385 | 3,018 | -13 | |
Apr/May | 932.75 | 48 | 130K | 360 | 30 | 390 | 3,058 | -15 | |
Jun | 945.25 | 50 | 132N | 366 | 30 | 396 | 3,103 | -13 | |
Jul | 945.25 | 55 | 137N | 367 | 30 | 397 | 3,117 | -21 | |
Aug | 945.25 | 58 | 140N | 369 | 30 | 399 | 3,125 | -22 | |
Soybean, Argentina | May | 945.25 | -15 | 91N | 342 | 39 | 381 | 2,989 | -32 |
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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