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 | 900.75 | 44 | 153H | 347 | 40 | 387 | 3,740 | -45 |
Mar | 900.75 | 45 | 154H | 347 | 40 | 387 | 3,745 | -46 | |
Apr/May | 914.5 | 29 | 138K | 347 | 40 | 387 | 3,739 | -54 | |
Soybean, US PNW | Feb/Mar | 900.75 | 68 | 136H | 356 | 25 | 381 | 3,681 | -52 |
Soybean, Brazil | Mar | 900.75 | 57 | 133H | 352 | 28 | 380 | 2,972 | -22 |
Apr | 914.5 | 60 | 136K | 358 | 28 | 386 | 3,020 | -38 | |
May | 914.5 | 59 | 138K | 358 | 29 | 387 | 3,025 | -60 | |
Jun | 928 | 58 | 140N | 362 | 30 | 392 | 3,071 | -56 | |
Jul | 928 | 64 | 146N | 364 | 30 | 394 | 3,087 | -54 | |
Aug | 928 | 68 | 150N | 366 | 30 | 396 | 3,099 | -37 | |
Soybean, Argentina | May | 928 | -1 | 105N | 341 | 39 | 380 | 2,971 | -42 |
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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