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 | 889.75 | 48 | 157H | 345 | 40 | 385 | 3,712 | -37 |
Apr/May | 902 | 46 | 155K | 348 | 40 | 388 | 3,749 | -34 | |
Oct | 936.75 | 41 | 150X | 359 | 40 | 399 | 3,857 | -43 | |
Soybean, US PNW | Mar | 889.75 | 64 | 132H | 350 | 25 | 375 | 3,626 | -19 |
Apr | 902 | 72 | 140K | 358 | 25 | 383 | 3,698 | -30 | |
Soybean, Brazil | Mar | 889.75 | 47 | 102H | 344 | 27 | 371 | 2,901 | -30 |
Apr | 902 | 44 | 120K | 348 | 28 | 376 | 2,936 | -41 | |
May | 902 | 49 | 128K | 349 | 29 | 378 | 2,958 | -36 | |
Jun | 915.75 | 48 | 130N | 354 | 30 | 384 | 3,004 | -36 | |
Jul | 915.75 | 52 | 134N | 356 | 30 | 386 | 3,015 | -36 | |
Soybean, Argentina | May | 915.75 | 1 | 107N | 337 | 39 | 376 | 2,939 | -31 |
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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