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 | 911 | 50 | 159H | 353 | 40 | 393 | 3,798 | 34 |
Apr/May | 924.25 | 35 | 144K | 352 | 40 | 392 | 3,794 | 33 | |
Oct | 954.25 | 42 | 151X | 366 | 40 | 406 | 3,927 | 26 | |
Soybean, US PNW | Mar | 911 | 70 | 138H | 360 | 25 | 385 | 3,726 | 34 |
Soybean, Brazil | Mar | 911 | 65 | 138H | 359 | 27 | 386 | 3,015 | 28 |
Apr | 924.25 | 65 | 141K | 363 | 28 | 391 | 3,062 | 28 | |
May | 924.25 | 69 | 148K | 365 | 29 | 394 | 3,082 | 35 | |
Jun | 937.5 | 70 | 152N | 370 | 30 | 400 | 3,131 | 29 | |
Jul | 937.5 | 73 | 155N | 371 | 30 | 401 | 3,139 | 32 | |
Soybean, Argentina | May | 937.5 | 5 | 111N | 346 | 39 | 385 | 3,016 | 25 |
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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