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 | 873.25 | 59 | 168K | 343 | 40 | 383 | 3,878 | -5 |
Apr | 873.25 | 61 | 167K | 343 | 39 | 382 | 3,883 | -1 | |
May | 873.25 | 64 | 170K | 344 | 39 | 383 | 3,898 | -2 | |
Soybean, US PNW |
Mar | 873.25 | 85 | 158K | 352 | 27 | 379 | 3,843 | -6 |
Apr | 873.25 | 85 | 158K | 352 | 27 | 379 | 3,852 | -1 | |
Soybean, Brazil | Mar | 873.25 | 60 | 147K | 343 | 32 | 375 | 3,018 | -4 |
Apr | 873.25 | 54 | 144K | 341 | 33 | 374 | 3,014 | -2 | |
May | 873.25 | 51 | 142K | 340 | 33.5 | 373 | 3,013 | -1 | |
Jun | 880.5 | 50 | 143N | 342 | 34 | 376 | 3,046 | -3 | |
Jul | 880.5 | 54 | 147N | 343 | 34 | 377 | 3,057 | -4 | |
Soybean, Argentina | May | 880.5 | -5 | 109N | 322 | 42 | 364 | 2,939 | -21 |
Jun | 880.5 | 4 | 118N | 325 | 42 | 367 | 2,976 | -17 | |
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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