Get value from each select multiple which have same name using php - php

Question

HTML :
...
<form method="post">
<tr>
<td>
<input type="text" name="text[]">
<select name="list[]" multiple>
<option value="1">1</option>
<option value="2">2</option>
<option value="3">3</option>
</select>
</td>
</tr>
<tr>
<td>
<input type="text" name="text[]">
<select name="list[]" multiple>
<option value="1">1</option>
<option value="2">2</option>
<option value="3">3</option>
</select>
</td>
</tr>
... and another row addition using jquery dynamic rows.
<input type="submit" name="submit" value="submit">
</form>
PHP :
<?php
if (isset($_POST['submit'])) {
$cnt = count($_POST['text']);
for($i=0;$i<$cnt;$i++) {
echo $_POST['text'][$i]; //correct code
foreach ($_POST['list'] as $item) { //wrong code!
echo $item; //wrong code!
} //wrong code!
}
}
?>
//note: "wrong code!" generate all $_POST['list'] should be each $_POST['list'][$i]
I'm stuck on wrong code above, how to get each $_POST['list'][$i] value ?.
Note: for certain reason we can't use auto increment ID if needed for each select element, unique random ID seems ok.