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 | 906 | 50 | 159K | 351 | 40 | 391 | 3,724 | -12 |
May | 906 | 53 | 162K | 352 | 40 | 392 | 3,735 | -13 | |
Oct | 940.25 | 50 | 159X | 364 | 40 | 404 | 3,847 | -16 | |
Soybean, US PNW | Apr | 906 | 70 | 138K | 359 | 25 | 384 | 3,652 | -13 |
May | 906 | 72 | 140K | 359 | 25 | 384 | 3,660 | -13 | |
Soybean, Brazil | Apr | 906 | 44 | 126K | 349 | 30 | 379 | 2,920 | -16 |
May | 906 | 57 | 140K | 354 | 30.5 | 384 | 2,961 | -10 | |
Jun | 919.5 | 52 | 136N | 357 | 31 | 388 | 2,989 | -21 | |
Jul | 919.5 | 61 | 145N | 360 | 31 | 391 | 3,014 | -23 | |
Soybean, Argentina | May | 919.5 | -10 | 96N | 334 | 39 | 373 | 2,877 | -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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