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 | 893 | 22 | 155X | 336 | 49 | 385 | 4,030 | -57 |
Oct | 893 | 22 | 155X | 336 | 49 | 385 | 4,035 | -81 | |
Nov | 906 | 28 | 161F | 343 | 49 | 392 | 4,112 | -60 | |
Soybean, US PNW |
Oct | 893 | 67 | 140X | 353 | 27 | 380 | 3,979 | 6 |
Nov | 893 | 69 | 142X | 353 | 27 | 380 | 3,991 | 5 | |
Soybean, Brazil | Sep | 893 | 100 | 206X | 365 | 39 | 404 | 3,287 | -13 |
Oct | 893 | 105 | 211X | 367 | 39 | 406 | 3,306 | -13 | |
Nov | 893 | 106 | 215X | 367 | 40 | 407 | 3,321 | -10 | |
Feb, 2020 | 918.25 | 43 | 146H | 353 | 38 | 391 | 3,204 | -17 | |
Mar, 2020 | 918.25 | 35 | 138H | 350 | 38 | 388 | 3,181 | -16 | |
Apr, 2020 | 928.75 | 30 | 133K | 352 | 38 | 390 | 3,197 | -18 | |
May, 2020 | 928.75 | 35 | 138K | 354 | 38 | 392 | 3,212 | -9 | |
Jun, 2020 | 937.5 | 35 | 138N | 357 | 38 | 395 | 3,237 | -12 | |
Soybean, Argentina | Oct | 893 | 50 | 178X | 346 | 47 | 393 | 3,209 | -20 |
Nov | 893 | 52 | 180X | 347 | 47 | 394 | 3,218 | -14 | |
May, 2020 | 937.5 | -20 | 102N | 337 | 45 | 382 | 3,132 | -4 | |
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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