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 | 910.5 | 50 | 159K | 353 | 40 | 393 | 3,753 | 29 |
May | 910.5 | 56 | 165K | 355 | 40 | 395 | 3,773 | 38 | |
Oct | 944.75 | 50 | 159X | 365 | 40 | 405 | 3,873 | 26 | |
Soybean, US PNW | Apr | 910.5 | 72 | 140K | 361 | 25 | 386 | 3,687 | 35 |
May | 910.5 | 77 | 145K | 363 | 25 | 388 | 3,708 | 48 | |
Soybean, Brazil | Apr | 910.5 | 44 | 126K | 351 | 30 | 381 | 2,945 | 25 |
May | 910.5 | 55 | 138K | 355 | 30.5 | 385 | 2,976 | 15 | |
Jun | 924.25 | 52 | 136N | 359 | 31 | 390 | 3,015 | 26 | |
Jul | 924.25 | 61 | 145N | 362 | 31 | 393 | 3,038 | 24 | |
Soybean, Argentina | May | 924.25 | -10 | 96N | 336 | 39 | 375 | 2,901 | 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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