Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Aug | 879.25 | 48 | 184X | 341 | 50 | 391 | 3,936 | -45 |
Sep | 879.25 | 38 | 171X | 337 | 49 | 386 | 3,897 | -42 | |
Oct | 879.25 | 40 | 173X | 338 | 49 | 387 | 3,909 | -42 | |
Soybean, US PNW |
Aug | 879.25 | 85 | 158X | 354 | 27 | 381 | 3,843 | -45 |
Soybean, Brazil | Sep | 879.25 | 125 | 228X | 369 | 38 | 407 | 3,318 | -31 |
Oct | 879.25 | 130 | 236X | 371 | 39 | 410 | 3,345 | -30 | |
Feb, 2020 | 905.25 | 58 | 159H | 354 | 37 | 391 | 3,203 | -26 | |
Mar, 2020 | 905.25 | 47 | 150H | 350 | 38 | 388 | 3,179 | -25 | |
Apr, 2020 | 917 | 45 | 146K | 353 | 37 | 390 | 3,199 | -24 | |
May, 2020 | 917 | 48 | 149K | 355 | 37 | 392 | 3,208 | -24 | |
Soybean, Argentina | Sep | 879.25 | 63 | 185X | 346 | 45 | 391 | 3,192 | -35 |
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 9% |
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