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 | 897 | 51 | 160K | 348 | 40 | 388 | 3,749 | 18 |
May | 897 | 49 | 158K | 348 | 40 | 388 | 3,711 | 19 | |
Oct | 932.25 | 46 | 155X | 359 | 40 | 399 | 3,860 | 18 | |
Soybean, US PNW | Apr | 897 | 72 | 140K | 356 | 25 | 381 | 3,680 | 18 |
May | 897 | 72 | 140K | 356 | 25 | 381 | 3,682 | 19 | |
Soybean, Brazil | Apr | 897 | 47 | 120K | 347 | 27 | 374 | 2,923 | 16 |
May | 897 | 52 | 128K | 349 | 28 | 377 | 2,945 | 42 | |
Jun | 911 | 48 | 130N | 352 | 30 | 382 | 2,963 | 14 | |
Jul | 911 | 54 | 138N | 355 | 31 | 386 | 2,990 | 27 | |
Aug | 911 | 62 | 146N | 357 | 31 | 388 | 3,012 | ||
Soybean, Argentina | May | 911 | -1 | 109N | 334 | 38 | 372 | 2,887 | -4 |
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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