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 | 907.5 | 44 | 153H | 350 | 40 | 390 | 3,785 | 13 |
Mar | 907.5 | 45 | 154H | 350 | 40 | 390 | 3,791 | 3 | |
Apr/May | 921.5 | 31 | 140K | 350 | 40 | 390 | 3,793 | -5 | |
Soybean, US PNW | Feb/Mar | 907.5 | 70 | 138H | 359 | 25 | 384 | 3,733 | 2 |
Soybean, Brazil | Mar | 907.5 | 52 | 128H | 353 | 28 | 381 | 2,994 | -31 |
Apr | 921.5 | 60 | 136K | 361 | 28 | 389 | 3,058 | ||
May | 921.5 | 67 | 146K | 363 | 29 | 392 | 3,085 | ||
Jun | 935 | 65 | 147N | 367 | 30 | 397 | 3,127 | 0 | |
Jul | 935 | 70 | 152N | 369 | 30 | 399 | 3,141 | 0 | |
Aug | 935 | 68 | 150N | 369 | 30 | 399 | 3,136 | 0 | |
Soybean, Argentina | May | 935 | 0 | 106N | 344 | 39 | 383 | 3,013 | 0 |
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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