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 | 928.5 | 73 | 195F | 368 | 45 | 413 | 4,268 | 32 |
Jan, 2020 | 928.5 | 72 | 194F | 368 | 45 | 413 | 4,267 | 29 | |
Feb, 2020 | 940.5 | 60 | 182H | 368 | 45 | 413 | 4,271 | 32 | |
Soybean, US PNW |
Dec | 928.5 | 100 | 171F | 378 | 26 | 404 | 4,176 | 44 |
Soybean, Brazil | Dec | 928.5 | 100 | 191F | 378 | 33.5 | 411 | 3,311 | -47 |
Jan, 2020 | 928.5 | 100 | 191F | 378 | 33.5 | 411 | 3,313 | -20 | |
Feb, 2020 | 940.5 | 60 | 151H | 368 | 33.5 | 401 | 3,235 | -21 | |
Mar, 2020 | 940.5 | 50 | 141H | 364 | 33.5 | 397 | 3,206 | -18 | |
Apr, 2020 | 954 | 40 | 133K | 365 | 34 | 399 | 3,229 | -25 | |
May, 2020 | 954 | 47 | 140K | 368 | 34 | 402 | 3,249 | -11 | |
Jun, 2020 | 965.5 | 42 | 136N | 370 | 34.5 | 405 | 3,272 | -14 | |
Soybean, Argentina | Dec | 928.5 | 86 | 194F | 373 | 39.5 | 412 | 3,317 | 3 |
May, 2020 | 965.5 | -15 | 102N | 349 | 43 | 392 | 3,174 | -13 | |
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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