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 | 907.5 | 61 | 186F | 356 | 46 | 402 | 4,155 | 38 |
Jan, 2020 | 907.5 | 60 | 185F | 355 | 46 | 401 | 4,157 | 29 | |
Feb, 2020 | 921.5 | 50 | 175H | 357 | 46 | 403 | 4,166 | 22 | |
Soybean, US PNW |
Dec | 907.5 | 85 | 158F | 365 | 27 | 392 | 4,052 | 34 |
Soybean, Brazil | Dec | 907.5 | 110 | 202F | 374 | 35 | 409 | 3,296 | 26 |
Jan, 2020 | 907.5 | 100 | 195F | 370 | 35 | 405 | 3,270 | 27 | |
Feb, 2020 | 921.5 | 63 | 157H | 362 | 34.5 | 396 | 3,199 | 17 | |
Mar, 2020 | 921.5 | 47 | 141H | 356 | 34.5 | 390 | 3,161 | -1 | |
Apr, 2020 | 935.25 | 38 | 132K | 358 | 34.5 | 392 | 3,175 | 8 | |
May, 2020 | 935.25 | 45 | 139K | 360 | 34.5 | 395 | 3,195 | 20 | |
Jun, 2020 | 947.5 | 45 | 139N | 365 | 34.5 | 399 | 3,231 | 28 | |
Soybean, Argentina | Dec | 907.5 | 84 | 192F | 364 | 39.5 | 404 | 3,251 | 27 |
May, 2020 | 947.5 | -12 | 105N | 344 | 43 | 387 | 3,133 | 24 | |
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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