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 | 928.75 | 61 | 186F | 364 | 46 | 410 | 4,236 | 25 |
Jan, 2020 | 928.75 | 60 | 185F | 363 | 46 | 409 | 4,238 | 26 | |
Feb, 2020 | 940.75 | 50 | 175H | 364 | 46 | 410 | 4,239 | 16 | |
Soybean, US PNW |
Dec | 928.75 | 85 | 158F | 372 | 27 | 399 | 4,132 | 24 |
Soybean, Brazil | Dec | 928.75 | 110 | 202F | 382 | 35 | 417 | 3,358 | 20 |
Jan, 2020 | 928.75 | 100 | 195F | 378 | 35 | 413 | 3,333 | 22 | |
Feb, 2020 | 940.75 | 63 | 157H | 369 | 34.5 | 403 | 3,256 | 15 | |
Mar, 2020 | 940.75 | 49 | 143H | 364 | 34.5 | 398 | 3,224 | 9 | |
Apr, 2020 | 954.25 | 46 | 140K | 367 | 34.5 | 402 | 3,254 | 13 | |
May, 2020 | 954.25 | 48 | 142K | 368 | 34.5 | 403 | 3,260 | 13 | |
Jun, 2020 | 966 | 45 | 139N | 371 | 34.5 | 406 | 3,286 | 13 | |
Soybean, Argentina | Dec | 928.75 | 84 | 192F | 372 | 39.5 | 412 | 3,314 | 19 |
May, 2020 | 966 | -12 | 105N | 350 | 43 | 393 | 3,187 | 12 | |
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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