Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Sep | 889 | 37 | 174X | 340 | 50.5 | 391 | 3,914 | 17 |
Oct | 889 | 36 | 178X | 340 | 52 | 392 | 3,928 | 19 | |
Nov | 889 | 41 | 183X | 342 | 52 | 394 | 3,955 | ||
Soybean, US PNW |
Oct | 889 | 78 | 151X | 355 | 27 | 382 | 3,834 | |
Soybean, Brazil | Sep | 889 | 115 | 221X | 369 | 38.8 | 408 | 3,299 | -19 |
Oct | 889 | 117 | 226X | 370 | 40 | 410 | 3,317 | -28 | |
Feb, 2020 | 914 | 52 | 153H | 355 | 37 | 392 | 3,192 | -11 | |
Mar, 2020 | 914 | 40 | 143H | 350 | 38 | 388 | 3,164 | -15 | |
Apr, 2020 | 925.25 | 40 | 141K | 355 | 37 | 392 | 3,189 | -10 | |
May, 2020 | 925.25 | 43 | 144K | 356 | 37 | 393 | 3,198 | -10 | |
Soybean, Argentina | Sep | 889 | 56 | 181X | 347 | 46 | 393 | 3,185 | -7 |
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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