Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Mar | 902.5 | 50 | 159H | 350 | 40 | 390 | 3,764 | 19 |
Apr/May | 916 | 35 | 144K | 349 | 40 | 389 | 3,761 | 22 | |
Oct | 948.5 | 42 | 151X | 364 | 40 | 404 | 3,901 | ||
Soybean, US PNW | Mar | 902.5 | 70 | 138H | 357 | 25 | 382 | 3,692 | 11 |
Soybean, Brazil | Mar | 902.5 | 65 | 138H | 355 | 27 | 382 | 2,987 | 15 |
Apr | 916 | 65 | 141K | 360 | 28 | 388 | 3,034 | 14 | |
May | 916 | 66 | 145K | 361 | 29 | 390 | 3,047 | 22 | |
Jun | 929.75 | 69 | 151N | 367 | 30 | 397 | 3,102 | 31 | |
Jul | 929.75 | 71 | 153N | 368 | 30 | 398 | 3,107 | 20 | |
Soybean, Argentina | May | 929.75 | 5 | 111N | 343 | 39 | 382 | 2,991 | 20 |
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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