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 | 897.5 | 46 | 155H | 347 | 40 | 387 | 3,724 | -35 |
Apr/May | 910.25 | 36 | 145K | 348 | 40 | 388 | 3,736 | -26 | |
Oct | 943.75 | 39 | 148X | 361 | 40 | 401 | 3,864 | -23 | |
Soybean, US PNW | Mar | 897.5 | 67 | 135H | 354 | 25 | 379 | 3,656 | -21 |
Soybean, Brazil | Mar | 897.5 | 47 | 120H | 347 | 27 | 374 | 2,917 | -31 |
Apr | 910.25 | 47 | 123K | 352 | 28 | 380 | 2,961 | -33 | |
May | 910.25 | 46 | 125K | 351 | 29 | 380 | 2,967 | -48 | |
Jun | 924 | 51 | 133N | 358 | 30 | 388 | 3,029 | -19 | |
Jul | 924 | 59 | 141N | 361 | 30 | 391 | 3,051 | -25 | |
Soybean, Argentina | May | 924 | -13 | 93N | 335 | 39 | 374 | 2,918 | -9 |
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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