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 | 905.75 | 51 | 160K | 352 | 40 | 392 | 3,748 | -9 |
May | 905.75 | 53 | 162K | 352 | 40 | 392 | 3,757 | -8 | |
Oct | 939 | 50 | 159X | 363 | 40 | 403 | 3,868 | 11 | |
Soybean, US PNW | Apr | 905.75 | 70 | 138K | 358 | 25 | 383 | 3,673 | -9 |
May | 905.75 | 72 | 140K | 359 | 25 | 384 | 3,682 | -8 | |
Soybean, Brazil | Apr | 905.75 | 47 | 129K | 350 | 30 | 380 | 2,945 | -21 |
May | 905.75 | 57 | 140K | 354 | 30.5 | 384 | 2,978 | -15 | |
Jun | 919.25 | 55 | 139N | 358 | 31 | 389 | 3,015 | -13 | |
Jul | 919.25 | 65 | 149N | 362 | 31 | 393 | 3,043 | -7 | |
Soybean, Argentina | May | 919.25 | -10 | 93N | 334 | 38 | 372 | 2,886 | -8 |
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% |
|||||||||