Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Feb | 877 | 63 | 182H | 345 | 43.8 | 389 | 4,027 | 12 |
Mar | 877 | 61 | 181H | 345 | 44 | 389 | 4,027 | 11 | |
Soybean, US PNW |
Feb | 877 | 85 | 150H | 353 | 24 | 377 | 3,909 | 13 |
Soybean, Brazil | Feb | 877 | 61 | 151H | 345 | 33 | 378 | 3,046 | 9 |
Mar | 877 | 55 | 145H | 342 | 33 | 375 | 3,033 | 9 | |
Apr | 890.75 | 45 | 135K | 344 | 33 | 377 | 3,047 | 8 | |
May | 890.75 | 51 | 141K | 346 | 33 | 379 | 3,064 | 7 | |
Jun | 904.5 | 50 | 140N | 351 | 33 | 384 | 3,109 | 8 | |
Soybean, Argentina | May | 904.5 | -17 | 100N | 326 | 43 | 369 | 2,986 | 8 |
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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