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 | 903.25 | 46 | 155H | 349 | 40 | 389 | 3,748 | 16 |
Apr/May | 916 | 43 | 152K | 352 | 40 | 392 | 3,783 | 41 | |
Oct | 950.5 | 41 | 150X | 364 | 40 | 404 | 3,901 | 27 | |
Soybean, US PNW | Mar | 903.25 | 57 | 125H | 353 | 25 | 378 | 3,645 | -18 |
Apr | 916 | 68 | 136K | 362 | 25 | 387 | 3,728 | ||
Soybean, Brazil | Mar | 903.25 | 42 | 115H | 347 | 27 | 374 | 2,922 | -1 |
Apr | 916 | 44 | 120K | 353 | 28 | 381 | 2,972 | 6 | |
May | 916 | 49 | 128K | 355 | 29 | 384 | 2,994 | 22 | |
Jun | 930 | 48 | 130N | 359 | 30 | 389 | 3,041 | 7 | |
Jul | 930 | 52 | 134N | 361 | 30 | 391 | 3,052 | -4 | |
Soybean, Argentina | May | 930 | -4 | 102N | 340 | 39 | 379 | 2,961 | 38 |
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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