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 | 909.25 | 51 | 160K | 353 | 40 | 393 | 3,757 | -2 |
May | 909.25 | 53 | 162K | 354 | 40 | 394 | 3,765 | 31 | |
Oct | 942.5 | 45 | 154X | 363 | 40 | 403 | 3,857 | 26 | |
Soybean, US PNW | Apr | 909.25 | 70 | 138K | 360 | 25 | 385 | 3,682 | -1 |
May | 909.25 | 72 | 140K | 361 | 25 | 386 | 3,690 | -2 | |
Soybean, Brazil | Apr | 909.25 | 52 | 134K | 353 | 30 | 383 | 2,966 | 13 |
May | 909.25 | 60 | 143K | 356 | 30.5 | 387 | 2,993 | 29 | |
Jun | 923 | 57 | 141N | 360 | 31 | 391 | 3,028 | 31 | |
Jul | 923 | 65 | 149N | 363 | 31 | 394 | 3,050 | 35 | |
Soybean, Argentina | May | 923 | -10 | 93N | 335 | 38 | 373 | 2,894 | 33 |
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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