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 | 866.5 | 37 | 174X | 332 | 50.5 | 382 | 3,849 | -36 |
Oct | 866.5 | 40 | 182X | 333 | 52 | 385 | 3,880 | -20 | |
Nov | 866.5 | 45 | 187X | 335 | 52 | 387 | 3,902 | -21 | |
Soybean, US PNW |
Oct | 866.5 | 85 | 158X | 350 | 27 | 377 | 3,797 | -9 |
Soybean, Brazil | Sep | 866.5 | 130 | 242X | 366 | 41 | 407 | 3,309 | -12 |
Oct | 866.5 | 130 | 244X | 366 | 42 | 408 | 3,321 | -18 | |
Feb, 2020 | 893.75 | 55 | 161H | 349 | 39 | 388 | 3,170 | -10 | |
Mar, 2020 | 893.75 | 45 | 151H | 345 | 39 | 384 | 3,140 | -13 | |
Apr, 2020 | 905.5 | 38 | 144K | 347 | 39 | 386 | 3,154 | -8 | |
May, 2020 | 905.5 | 42 | 148K | 348 | 39 | 387 | 3,166 | -2 | |
Soybean, Argentina | Sep | 866.5 | 85 | 213X | 350 | 47 | 397 | 3,225 | 23 |
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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