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 | 878 | 37 | 174X | 336 | 50.5 | 387 | 3,877 | -37 |
Oct | 878 | 36 | 178X | 336 | 52 | 388 | 3,893 | -35 | |
Nov | 878 | 41 | 183X | 338 | 52 | 390 | 3,916 | -39 | |
Soybean, US PNW |
Oct | 878 | 78 | 151X | 351 | 27 | 378 | 3,799 | -35 |
Soybean, Brazil | Sep | 878 | 122 | 228X | 367 | 38.8 | 406 | 3,290 | -9 |
Oct | 878 | 119 | 228X | 366 | 40 | 406 | 3,295 | -22 | |
Feb, 2020 | 903.75 | 50 | 151H | 350 | 37 | 387 | 3,157 | -35 | |
Mar, 2020 | 903.75 | 40 | 143H | 347 | 38 | 385 | 3,136 | -28 | |
Apr, 2020 | 915 | 35 | 136K | 349 | 37 | 386 | 3,146 | -43 | |
May, 2020 | 915 | 38 | 139K | 350 | 37 | 387 | 3,155 | -43 | |
Soybean, Argentina | Sep | 878 | 64 | 189X | 346 | 46 | 392 | 3,178 | -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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