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 | 901 | 51 | 160K | 350 | 40 | 390 | 3,755 | 6 |
May | 901 | 51 | 160K | 350 | 40 | 390 | 3,722 | 11 | |
Oct | 935.75 | 48 | 157X | 361 | 40 | 401 | 3,846 | -14 | |
Soybean, US PNW | Apr | 901 | 72 | 140K | 357 | 25 | 382 | 3,686 | 6 |
May | 901 | 72 | 140K | 357 | 25 | 382 | 3,687 | 5 | |
Soybean, Brazil | Apr | 901 | 45 | 118K | 348 | 27 | 375 | 2,922 | -1 |
May | 901 | 52 | 128K | 350 | 28 | 378 | 2,923 | -22 | |
Jun | 914.75 | 48 | 130N | 354 | 30 | 384 | 2,973 | 10 | |
Jul | 914.75 | 54 | 138N | 356 | 31 | 387 | 3,001 | 11 | |
Soybean, Argentina | May | 914.75 | -3 | 100N | 335 | 38 | 373 | 2,885 | -2 |
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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