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 | 887.5 | 41 | 150K | 341 | 40 | 381 | 3,661 | -36 |
May | 887.5 | 46 | 155K | 343 | 40 | 383 | 3,681 | -35 | |
Oct | 923.25 | 45 | 154X | 356 | 40 | 396 | 3,806 | -31 | |
Soybean, US PNW | Apr | 887.5 | 77 | 145K | 354 | 25 | 379 | 3,645 | -18 |
May | 887.5 | 81 | 149K | 356 | 25 | 381 | 3,661 | -21 | |
Soybean, Brazil | Apr | 887.5 | 40 | 122K | 341 | 30 | 371 | 2,883 | -29 |
May | 887.5 | 42 | 125K | 341 | 30.5 | 372 | 2,894 | -43 | |
Jun | 901 | 47 | 131N | 348 | 31 | 379 | 2,952 | -36 | |
Jul | 901 | 54 | 138N | 351 | 31 | 382 | 2,971 | -33 | |
Soybean, Argentina | May | 901 | -8 | 98N | 328 | 39 | 367 | 2,857 | -18 |
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% |
|||||||||