Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Apr | 895.75 | 51 | 160K | 348 | 40 | 388 | 3,755 | |
May | 895.75 | 47 | 156K | 346 | 40 | 386 | 3,709 | ||
Oct | 930.5 | 45 | 154X | 358 | 40 | 398 | 3,861 | -22 | |
Soybean, US PNW | Apr | 895.75 | 72 | 140K | 356 | 25 | 381 | 3,686 | -25 |
May | 895.75 | 74 | 142K | 356 | 25 | 381 | 3,694 | ||
Soybean, Brazil | Mar | 895.75 | 47 | 120K | 346 | 27 | 373 | 2,925 | 12 |
Apr | 895.75 | 45 | 121K | 346 | 28 | 374 | 2,929 | -20 | |
May | 895.75 | 46 | 128K | 346 | 30 | 376 | 2,922 | -25 | |
Jun | 909.75 | 46 | 130N | 351 | 31 | 382 | 2,968 | -38 | |
Jul | 909.75 | 50 | 134N | 353 | 31 | 384 | 2,983 | -31 | |
Soybean, Argentina | May | 909.75 | 6 | 109N | 336 | 38 | 374 | 2,910 | -15 |
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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