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 | 863.5 | -9 | 130X | 314 | 51 | 365 | 3,644 | -80 |
Nov | 863.5 | -4 | 135X | 316 | 51 | 367 | 3,670 | -80 | |
Dec | 877.75 | -9 | 130F | 319 | 51 | 370 | 3,709 | -79 | |
Soybean, US PNW | Oct | 863.5 | 39 | 100X | 332 | 26 | 358 | 3,572 | -80 |
Nov | 863.5 | 29 | 100X | 328 | 26 | 354 | 3,544 | -80 | |
Soybean, Brazil | Oct | 863.5 | 264 | 370X | 414 | 39 | 453 | 3,642 | -64 |
Nov | 863.5 | 272 | 378X | 417 | 39 | 456 | 3,673 | -64 | |
Dec | 863.5 | 279 | 385X | 420 | 39 | 459 | 3,699 | -65 | |
Feb, 2019 | 890.5 | 155 | 250H | 384 | 35 | 419 | 3,399 | -64 | |
Mar, 2019 | 890.5 | 130 | 225H | 375 | 35 | 410 | 3,327 | -63 | |
Apr/May, 2019 | 903.75 | 90 | 185K | 365 | 35 | 400 | 3,249 | -62 | |
Jun, 2019 | 913.75 | 80 | 175N | 365 | 35 | 400 | 3,249 | -63 | |
Soybean, Argentina | Oct | 863.5 | 215 | 346X | 396 | 48 | 444 | 3,571 | -64 |
May, 2019 | 913.75 | 40 | 154N | 350 | 42 | 392 | 3,188 | -63 | |
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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