Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Sept | 850.25 | 6 | 128X | 315 | 45 | 360 | 3,548 | 69 |
Oct | 850.25 | 12 | 132X | 317 | 44 | 361 | 3,566 | 70 | |
Nov | 850.25 | 17 | 137X | 319 | 44 | 363 | 3,589 | 70 | |
Dec | 864 | 22 | 142F | 326 | 44 | 370 | 3,655 | 69 | |
Soybean, US PNW | Sept | 850.25 | 42 | 110X | 328 | 25 | 353 | 3,483 | 70 |
Oct | 850.25 | 55 | 120X | 333 | 24 | 357 | 3,526 | 71 | |
Nov | 850.25 | 63 | 128X | 336 | 24 | 360 | 3,559 | 70 | |
Soybean, Brazil | Sept | 850.25 | 255 | 350X | 406 | 35 | 441 | 3,503 | 55 |
Oct | 850.25 | 265 | 360X | 410 | 35 | 445 | 3,538 | 56 | |
Nov | 850.25 | 270 | 365X | 412 | 35 | 447 | 3,557 | 56 | |
Feb, 2019 | 877 | 132 | 230H | 371 | 36 | 407 | 3,257 | 55 | |
Mar, 2019 | 877 | 107 | 205H | 362 | 36 | 398 | 3,185 | 55 | |
Apr/May, 2019 | 889.75 | 87 | 185K | 359 | 36 | 395 | 3,164 | 54 | |
Jun, 2019 | 899.75 | 77 | 175N | 359 | 36 | 395 | 3,164 | 54 | |
Soybean, Argentina | Sept | 850.25 | 190 | 304X | 382 | 42 | 424 | 3,372 | 56 |
May, 2019 | 899.75 | 40 | 154N | 345 | 42 | 387 | 3,105 | 55 | |
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 25% on US soybean VAT 10% |
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