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 | 873 | 35 | 174X | 334 | 51 | 385 | 3,877 | 26 |
Oct | 873 | 43 | 185X | 337 | 52 | 389 | 3,921 | 38 | |
Nov | 873 | 45 | 187X | 337 | 52 | 389 | 3,933 | 27 | |
Soybean, US PNW |
Oct | 873 | 85 | 158X | 352 | 27 | 379 | 3,826 | 27 |
Soybean, Brazil | Sep | 873 | 126 | 240X | 367 | 42 | 409 | 3,330 | 19 |
Oct | 873 | 128 | 240X | 368 | 41 | 409 | 3,332 | 10 | |
Feb, 2020 | 900.25 | 54 | 152H | 351 | 36 | 387 | 3,167 | 14 | |
Mar, 2020 | 900.25 | 52 | 150H | 350 | 36 | 386 | 3,161 | 43 | |
Apr, 2020 | 911.75 | 44 | 142K | 351 | 36 | 387 | 3,171 | 40 | |
May, 2020 | 911.75 | 47 | 145K | 352 | 36 | 388 | 3,180 | 37 | |
Soybean, Argentina | Oct | 873 | 85 | 213X | 352 | 47 | 399 | 3,254 | 22 |
May, 2020 | 922 | -6 | 111N | 337 | 43 | 380 | 3,110 | 29 | |
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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