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 | 904 | 50 | 159K | 350 | 40 | 390 | 3,736 | -12 |
May | 904 | 53 | 162K | 352 | 40 | 392 | 3,748 | -9 | |
Oct | 938.25 | 50 | 159X | 363 | 40 | 403 | 3,863 | -5 | |
Soybean, US PNW | Apr | 904 | 70 | 138K | 358 | 25 | 383 | 3,665 | -8 |
May | 904 | 72 | 140K | 359 | 25 | 384 | 3,673 | -9 | |
Soybean, Brazil | Apr | 904 | 46 | 128K | 349 | 30 | 379 | 2,936 | -9 |
May | 904 | 57 | 140K | 353 | 30.5 | 384 | 2,971 | -7 | |
Jun | 917.5 | 55 | 139N | 357 | 31 | 388 | 3,010 | -5 | |
Jul | 917.5 | 65 | 149N | 361 | 31 | 392 | 3,037 | -6 | |
Soybean, Argentina | May | 917.5 | -10 | 93N | 333 | 38 | 371 | 2,879 | -7 |
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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