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 | 898.5 | 51 | 160K | 349 | 40 | 389 | 3,759 | 4 |
May | 898.5 | 53 | 162K | 350 | 40 | 390 | 3,734 | 12 | |
Oct | 932.75 | 45 | 154X | 359 | 40 | 399 | 3,831 | -15 | |
Soybean, US PNW | Apr | 898.5 | 70 | 138K | 356 | 25 | 381 | 3,683 | -3 |
May | 898.5 | 72 | 140K | 357 | 25 | 382 | 3,692 | 5 | |
Soybean, Brazil | Apr | 898.5 | 47 | 129K | 347 | 30 | 377 | 2,953 | 31 |
May | 898.5 | 57 | 141K | 351 | 31 | 382 | 2,964 | 41 | |
Jun | 912.25 | 55 | 139N | 355 | 31 | 386 | 2,997 | 24 | |
Jul | 912.25 | 60 | 144N | 357 | 31 | 388 | 3,015 | 14 | |
Soybean, Argentina | May | 912.25 | -13 | 90N | 330 | 38 | 368 | 2,861 | -24 |
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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