Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Oct | 856.75 | -1 | 138X | 314 | 51 | 365 | 3,648 | 4 |
Nov | 856.75 | 3 | 142X | 316 | 51 | 367 | 3,670 | 0 | |
Dec | 870.5 | 1 | 140F | 320 | 51 | 371 | 3,717 | 8 | |
Soybean, US PNW | Oct | 856.75 | 39 | 100X | 329 | 26 | 355 | 3,547 | -25 |
Nov | 856.75 | 29 | 100X | 325 | 26 | 351 | 3,518 | -26 | |
Soybean, Brazil | Oct | 856.75 | 265 | 371X | 412 | 39 | 451 | 3,624 | -18 |
Nov | 856.75 | 268 | 374X | 413 | 39 | 452 | 3,641 | -32 | |
Dec | 856.75 | 274 | 380X | 415 | 39 | 454 | 3,663 | -36 | |
Feb, 2019 | 883.5 | 143 | 246H | 377 | 38 | 415 | 3,367 | -32 | |
Mar, 2019 | 883.5 | 112 | 215H | 366 | 38 | 404 | 3,276 | -51 | |
Apr/May, 2019 | 897 | 81 | 184K | 359 | 38 | 397 | 3,225 | -24 | |
Jun, 2019 | 907.5 | 85 | 188N | 365 | 38 | 403 | 3,268 | 19 | |
Soybean, Argentina | Oct | 856.75 | 210 | 341X | 392 | 48 | 440 | 3,536 | -35 |
May, 2019 | 907.5 | 40 | 165N | 348 | 46 | 394 | 3,200 | 12 | |
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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