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 | 900 | 23 | 162X | 339 | 51 | 390 | 4,079 | 10 |
Oct | 900 | 23 | 165X | 339 | 52 | 391 | 4,094 | 9 | |
Nov | 900 | 27 | 169X | 341 | 52 | 393 | 4,113 | 9 | |
Soybean, US PNW |
Oct | 900 | 60 | 133X | 353 | 27 | 380 | 3,976 | 8 |
Soybean, Brazil | Sep | 900 | 100 | 212X | 367 | 41 | 408 | 3,322 | 8 |
Oct | 900 | 100 | 212X | 367 | 41 | 408 | 3,326 | 7 | |
Feb, 2020 | 925.75 | 50 | 151H | 358 | 37 | 395 | 3,239 | 11 | |
Mar, 2020 | 925.75 | 40 | 141H | 355 | 37 | 392 | 3,210 | 12 | |
Apr, 2020 | 936.5 | 35 | 136K | 357 | 37 | 394 | 3,227 | 12 | |
May, 2020 | 936.5 | 42 | 143K | 360 | 37 | 397 | 3,247 | 11 | |
Soybean, Argentina | Oct | 900 | 65 | 196X | 355 | 48 | 403 | 3,279 | 7 |
May, 2020 | 945.5 | -6 | 116N | 345 | 45 | 390 | 3,197 | 14 | |
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 30% on US soybean VAT 9% |
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