Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Jan, 2020 | 952.5 | 57 | 188H | 371 | 48 | 419 | 4,320 | 45 |
Feb, 2020 | 952.5 | 57 | 184H | 371 | 46.5 | 417 | 4,308 | 33 | |
Mar, 2020 | 952.5 | 58 | 186H | 371 | 47 | 418 | 4,320 | 33 | |
Soybean, US PNW |
Jan, 2020 | 952.5 | 90 | 161H | 383 | 26 | 409 | 4,220 | 27 |
Soybean, Brazil | Jan, 2020 | 952.5 | 75 | 168H | 378 | 34 | 412 | 3,306 | 12 |
Feb, 2020 | 952.5 | 60 | 153H | 372 | 34 | 406 | 3,265 | 29 | |
Mar, 2020 | 952.5 | 50 | 145H | 368 | 35 | 403 | 3,247 | 35 | |
Apr, 2020 | 966 | 37 | 132K | 369 | 35 | 404 | 3,256 | 22 | |
May, 2020 | 966 | 41 | 138K | 370 | 35 | 405 | 3,268 | 22 | |
Jun, 2020 | 977.5 | 37 | 135N | 373 | 36 | 409 | 3,297 | 21 | |
Soybean, Argentina | Jan, 2020 | 952.5 | 69 | 177H | 375 | 43 | 418 | 3,359 | |
May, 2020 | 977.5 | -15 | 102N | 354 | 43 | 397 | 3,202 | 25 | |
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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