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 | 889.5 | 43 | 152K | 343 | 40 | 383 | 3,671 | 10 |
May | 889.5 | 50 | 159K | 345 | 40 | 385 | 3,697 | 16 | |
Oct | 923.75 | 49 | 158X | 357 | 40 | 397 | 3,820 | 14 | |
Soybean, US PNW | Apr | 889.5 | 77 | 145K | 355 | 25 | 380 | 3,647 | 2 |
May | 889.5 | 81 | 149K | 357 | 25 | 382 | 3,663 | 2 | |
Soybean, Brazil | Apr | 889.5 | 40 | 122K | 341 | 30 | 371 | 2,885 | 2 |
May | 889.5 | 42 | 125K | 342 | 30.5 | 373 | 2,896 | 2 | |
Jun | 903 | 47 | 131N | 349 | 31 | 380 | 2,953 | 1 | |
Jul | 903 | 54 | 138N | 352 | 31 | 383 | 2,973 | 2 | |
Soybean, Argentina | May | 903 | -8 | 98N | 329 | 39 | 368 | 2,859 | 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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