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 | 903.5 | 41 | 150H | 347 | 40 | 387 | 3,772 | -9 |
Mar | 903.5 | 45 | 154H | 348 | 40 | 388 | 3,788 | -28 | |
Apr/May | 917.75 | 33 | 142K | 349 | 40 | 389 | 3,798 | -52 | |
Soybean, US PNW | Feb/Mar | 903.5 | 70 | 138H | 358 | 25 | 383 | 3,731 | -31 |
Soybean, Brazil | Feb | 903.5 | 52 | 128H | 351 | 28 | 379 | 2,990 | -16 |
Mar | 903.5 | 64 | 140H | 355 | 28 | 383 | 3,025 | 17 | |
Apr/May | 917.75 | 63 | 142K | 360 | 29 | 389 | 3,072 | 11 | |
Jun | 931.25 | 65 | 147N | 366 | 30 | 396 | 3,127 | 7 | |
Jul | 931.25 | 70 | 152N | 368 | 30 | 398 | 3,141 | 1 | |
Aug | 931.25 | 68 | 150N | 367 | 30 | 397 | 3,136 | -13 | |
Soybean, Argentina | May | 931.25 | 0 | 106N | 342 | 39 | 381 | 3,013 | -19 |
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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