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 | 891.25 | 59 | 178K | 349 | 40 | 389 | 3,915 | -37 |
Apr | 891.25 | 61 | 167K | 350 | 39 | 389 | 3,916 | -30 | |
May | 891.25 | 64 | 170K | 351 | 39 | 390 | 3,931 | -37 | |
Soybean, US PNW |
Mar | 891.25 | 87 | 160K | 359 | 27 | 386 | 3,889 | -36 |
Apr | 891.25 | 85 | 158K | 359 | 27 | 386 | 3,885 | -37 | |
Soybean, Brazil | Mar | 891.25 | 58 | 145K | 349 | 32 | 381 | 3,042 | -29 |
Apr | 891.25 | 53 | 143K | 347 | 33 | 380 | 3,038 | -21 | |
May | 891.25 | 47 | 138K | 345 | 33.5 | 378 | 3,028 | -43 | |
Jun | 900 | 47 | 140N | 348 | 34 | 382 | 3,070 | -32 | |
Jul | 900 | 52 | 145N | 350 | 34 | 384 | 3,084 | -41 | |
Soybean, Argentina | May | 900 | 1 | 115N | 331 | 42 | 373 | 2,987 | -10 |
Jun | 900 | 9 | 123N | 334 | 42 | 376 | 3,023 | -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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