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 | 870 | 59 | 168K | 341 | 40 | 381 | 3,846 | -69 |
Apr | 870 | 61 | 167K | 342 | 39 | 381 | 3,849 | -67 | |
May | 870 | 64 | 170K | 343 | 39 | 382 | 3,864 | -67 | |
Soybean, US PNW |
Mar | 870 | 85 | 158K | 351 | 27 | 378 | 3,812 | -77 |
Apr | 870 | 85 | 158K | 351 | 27 | 378 | 3,817 | -68 | |
Soybean, Brazil | Mar | 870 | 58 | 145K | 341 | 32 | 373 | 2,987 | -55 |
Apr | 870 | 53 | 143K | 339 | 33 | 372 | 2,985 | -53 | |
May | 870 | 47 | 138K | 337 | 33.5 | 370 | 2,975 | -53 | |
Jun | 879 | 47 | 140N | 340 | 34 | 374 | 3,016 | -54 | |
Jul | 879 | 50 | 143N | 341 | 34 | 375 | 3,025 | -59 | |
Soybean, Argentina | May | 879 | 1 | 115N | 323 | 42 | 365 | 2,935 | -52 |
Jun | 879 | 9 | 123N | 326 | 42 | 368 | 2,969 | -54 | |
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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