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 | 906.5 | 45 | 154K | 350 | 40 | 390 | 3,725 | 2 |
May | 906.5 | 50 | 159K | 351 | 40 | 391 | 3,744 | 3 | |
Oct | 939.75 | 45 | 154X | 362 | 40 | 402 | 3,848 | 2 | |
Soybean, US PNW | Apr | 906.5 | 72 | 140K | 360 | 25 | 385 | 3,678 | 3 |
May | 906.5 | 77 | 145K | 361 | 25 | 386 | 3,697 | 3 | |
Soybean, Brazil | Apr | 906.5 | 43 | 125K | 349 | 30 | 379 | 2,933 | 0 |
May | 906.5 | 50 | 133K | 351 | 30.5 | 382 | 2,957 | -3 | |
Jun | 920 | 50 | 134N | 356 | 31 | 387 | 3,000 | 5 | |
Jul | 920 | 58 | 142N | 359 | 31 | 390 | 3,022 | 5 | |
Soybean, Argentina | May | 920 | -13 | 93N | 333 | 39 | 372 | 2,884 | -6 |
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% |
|||||||||