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 | 890 | 51 | 160K | 346 | 40 | 386 | 3,731 | -24 |
May | 890 | 49 | 158K | 345 | 40 | 385 | 3,692 | -17 | |
Oct | 925.5 | 46 | 155X | 357 | 40 | 397 | 3,842 | -19 | |
Soybean, US PNW | Apr | 890 | 72 | 140K | 353 | 25 | 378 | 3,662 | -24 |
May | 890 | 72 | 140K | 353 | 25 | 378 | 3,663 | -31 | |
Soybean, Brazil | Mar | 890 | 47 | 120K | 344 | 27 | 371 | 2,907 | -18 |
Apr | 890 | 44 | 120K | 343 | 28 | 371 | 2,907 | -22 | |
May | 890 | 46 | 128K | 344 | 30 | 374 | 2,903 | -19 | |
Jun | 904 | 46 | 130N | 349 | 31 | 380 | 2,949 | -19 | |
Jul | 904 | 50 | 134N | 350 | 31 | 381 | 2,963 | -20 | |
Soybean, Argentina | May | 904 | 6 | 109N | 334 | 38 | 372 | 2,891 | -19 |
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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