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 | 928.25 | 69 | 191F | 366 | 45 | 411 | 4,258 | -2 |
Jan, 2020 | 928.25 | 67 | 189F | 366 | 45 | 411 | 4,256 | -4 | |
Feb, 2020 | 938.25 | 60 | 182H | 367 | 45 | 412 | 4,270 | 8 | |
Soybean, US PNW |
Dec | 928.25 | 100 | 171F | 378 | 26 | 404 | 4,181 | 13 |
Soybean, Brazil | Dec | 928.25 | 100 | 191F | 378 | 33.5 | 411 | 3,315 | 10 |
Jan, 2020 | 928.25 | 94 | 185F | 376 | 33.5 | 409 | 3,301 | 11 | |
Feb, 2020 | 938.25 | 60 | 151H | 367 | 33.5 | 400 | 3,234 | 6 | |
Mar, 2020 | 938.25 | 47 | 138H | 362 | 33.5 | 395 | 3,196 | -3 | |
Apr, 2020 | 951.25 | 40 | 133K | 364 | 34 | 398 | 3,227 | 4 | |
May, 2020 | 951.25 | 47 | 140K | 367 | 34 | 401 | 3,247 | 4 | |
Jun, 2020 | 962.5 | 42 | 136N | 369 | 34.5 | 404 | 3,269 | 1 | |
Soybean, Argentina | Dec | 928.25 | 86 | 194F | 373 | 39.5 | 412 | 3,321 | 9 |
May, 2020 | 962.5 | -15 | 102N | 348 | 43 | 391 | 3,171 | 2 | |
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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