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 | 956.25 | 57 | 188H | 372 | 48 | 420 | 4,324 | 3 |
Feb | 956.25 | 57 | 184H | 372 | 46.5 | 419 | 4,309 | -5 | |
Mar | 956.25 | 58 | 186H | 373 | 47 | 420 | 4,322 | -2 | |
Soybean, US PNW |
Jan | 956.25 | 90 | 161H | 384 | 26 | 410 | 4,224 | 3 |
Soybean, Brazil | Jan | 956.25 | 75 | 168H | 379 | 34 | 413 | 3,309 | 2 |
Feb | 956.25 | 60 | 153H | 373 | 34 | 407 | 3,266 | -3 | |
Mar | 956.25 | 48 | 143H | 369 | 35 | 404 | 3,242 | -8 | |
Apr | 969.5 | 36 | 131K | 369 | 35 | 404 | 3,254 | -3 | |
May | 969.5 | 40 | 137K | 371 | 35.5 | 406 | 3,269 | 0 | |
Jun | 981 | 37 | 135N | 374 | 36 | 410 | 3,298 | 1 | |
Soybean, Argentina | Jan | 956.25 | 67 | 175H | 376 | 39.5 | 415 | 3,329 | -31 |
May | 981 | -15 | 102N | 355 | 43 | 398 | 3,203 | 1 | |
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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