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 | 879.5 | 60 | 179H | 345 | 43.8 | 389 | 4,029 | 2 |
Mar | 879.5 | 58 | 178H | 344 | 44 | 388 | 4,029 | 2 | |
Soybean, US PNW |
Feb | 879.5 | 83 | 148H | 354 | 24 | 378 | 3,913 | 4 |
Soybean, Brazil | Feb | 879.5 | 61 | 151H | 346 | 33 | 379 | 3,056 | 10 |
Mar | 879.5 | 55 | 145H | 343 | 33 | 376 | 3,043 | 10 | |
Apr | 893 | 45 | 135K | 345 | 33 | 378 | 3,055 | 8 | |
May | 893 | 47 | 137K | 345 | 33 | 378 | 3,068 | 4 | |
Jun | 906.25 | 45 | 135N | 349 | 33 | 382 | 3,101 | -8 | |
Soybean, Argentina | May | 906.25 | -17 | 100N | 327 | 43 | 370 | 3,000 | 14 |
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% |
|||||||||