Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Dec | 871 | 64 | 195F | 344 | 48 | 392 | 4,094 | 37 |
Jan, 2020 | 871 | 65 | 196F | 344 | 48 | 392 | 4,103 | 42 | |
Soybean, US PNW |
Dec | 871 | 105 | 178F | 359 | 27 | 386 | 4,033 | 48 |
Soybean, Brazil | Dec | 871 | 125 | 220F | 366 | 35 | 401 | 3,264 | 18 |
Jan, 2020 | 871 | 105 | 203F | 359 | 36 | 395 | 3,217 | -5 | |
Feb, 2020 | 885.5 | 72 | 170H | 352 | 36 | 388 | 3,166 | 32 | |
Mar, 2020 | 885.5 | 54 | 152H | 345 | 36 | 381 | 3,113 | 11 | |
Apr, 2020 | 900.75 | 44 | 142K | 347 | 36 | 383 | 3,137 | 18 | |
May, 2020 | 900.75 | 50 | 148K | 349 | 36 | 385 | 3,154 | 26 | |
Jun, 2020 | 914 | 44 | 142N | 352 | 36 | 388 | 3,175 | 14 | |
Soybean, Argentina | Dec | 871 | 69 | 177F | 345 | 39.5 | 385 | 3,136 | 20 |
May, 2020 | 914 | -5 | 112N | 334 | 43 | 377 | 3,088 | 35 | |
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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