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 | 889.5 | 60 | 185F | 349 | 46 | 395 | 4,105 | 14 |
Jan, 2020 | 889.5 | 60 | 185F | 349 | 46 | 395 | 4,109 | 14 | |
Soybean, US PNW |
Dec | 889.5 | 105 | 178F | 365 | 27 | 392 | 4,080 | 14 |
Soybean, Brazil | Dec | 889.5 | 120 | 215F | 371 | 35 | 406 | 3,284 | 5 |
Jan, 2020 | 889.5 | 105 | 200F | 365 | 35 | 400 | 3,244 | 11 | |
Feb, 2020 | 903.75 | 68 | 162H | 357 | 34.5 | 392 | 3,177 | 10 | |
Mar, 2020 | 903.75 | 58 | 152H | 353 | 34.5 | 388 | 3,148 | 10 | |
Apr, 2020 | 918.25 | 45 | 139K | 354 | 34.5 | 388 | 3,161 | 4 | |
May, 2020 | 918.25 | 52 | 146K | 356 | 34.5 | 391 | 3,181 | 9 | |
Jun, 2020 | 931.5 | 54 | 148N | 362 | 34.5 | 397 | 3,226 | 16 | |
Soybean, Argentina | Dec | 889.5 | 69 | 177F | 352 | 39.5 | 392 | 3,172 | 11 |
May, 2020 | 931.5 | -10 | 107N | 339 | 43 | 382 | 3,106 | -6 | |
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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