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 | 878 | 64 | 195F | 346 | 48 | 394 | 4,110 | 16 |
Jan, 2020 | 878 | 65 | 196F | 346 | 48 | 394 | 4,119 | 16 | |
Soybean, US PNW |
Dec | 878 | 105 | 178F | 361 | 27 | 388 | 4,049 | 16 |
Soybean, Brazil | Dec | 878 | 125 | 220F | 369 | 35 | 404 | 3,275 | 11 |
Jan, 2020 | 878 | 105 | 203F | 361 | 36 | 397 | 3,229 | 12 | |
Feb, 2020 | 892.5 | 72 | 170H | 354 | 36 | 390 | 3,178 | 12 | |
Mar, 2020 | 892.5 | 57 | 155H | 349 | 36 | 385 | 3,134 | 21 | |
Apr, 2020 | 907 | 46 | 144K | 350 | 36 | 386 | 3,153 | 16 | |
May, 2020 | 907 | 50 | 148K | 352 | 36 | 388 | 3,165 | 11 | |
Jun, 2020 | 920 | 44 | 142N | 354 | 36 | 390 | 3,185 | 10 | |
Soybean, Argentina | Dec | 878 | 69 | 177F | 348 | 39.5 | 387 | 3,148 | 12 |
May, 2020 | 920 | -5 | 112N | 336 | 43 | 379 | 3,097 | 9 | |
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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