Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | Duty Paid | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Mar | 897 | 59 | 178K | 351 | 40 | 391 | 3,952 | -27 |
Apr | 897 | 59 | 165K | 351 | 39 | 390 | 3,946 | -29 | |
May | 897 | 64 | 170K | 353 | 39 | 392 | 3,968 | -29 | |
Soybean, US PNW |
Mar | 897 | 87 | 160K | 362 | 27 | 389 | 3,925 | -27 |
Apr | 897 | 85 | 158K | 361 | 27 | 388 | 3,922 | -28 | |
Soybean, Brazil | Mar | 897 | 58 | 145K | 351 | 32 | 383 | 3,071 | -21 |
Apr | 897 | 50 | 140K | 348 | 33 | 381 | 3,059 | -34 | |
May | 897 | 52 | 143K | 349 | 33.5 | 382 | 3,071 | -23 | |
Jun | 905 | 50 | 143N | 351 | 34 | 385 | 3,102 | -23 | |
Jul | 905 | 58 | 151N | 354 | 34 | 388 | 3,125 | -23 | |
Soybean, Argentina | May | 905 | -5 | 109N | 331 | 42 | 373 | 2,997 | -23 |
Jun | 905 | 1 | 115N | 333 | 42 | 375 | 3,024 | -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% |
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