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 | 891.5 | -9 | 130X | 324 | 51 | 375 | 3,736 | 89 |
Nov | 891.5 | -4 | 135X | 326 | 51 | 377 | 3,762 | 89 | |
Dec | 905.75 | -5 | 134F | 331 | 51 | 382 | 3,816 | 89 | |
Soybean, US PNW | Oct | 891.5 | 19 | 90X | 335 | 26 | 361 | 3,593 | 89 |
Nov | 891.5 | 17 | 88X | 334 | 26 | 360 | 3,593 | 88 | |
Soybean, Brazil | Oct | 891.5 | 269 | 375X | 426 | 39 | 465 | 3,729 | 72 |
Nov | 891.5 | 279 | 385X | 430 | 39 | 469 | 3,766 | 72 | |
Dec | 891.5 | 289 | 395X | 434 | 39 | 473 | 3,801 | 72 | |
Feb, 2019 | 918 | 150 | 245H | 392 | 35 | 427 | 3,457 | 68 | |
Mar, 2019 | 918 | 125 | 220H | 383 | 35 | 418 | 3,384 | 68 | |
Apr/May, 2019 | 930.75 | 85 | 180K | 373 | 35 | 408 | 3,305 | 67 | |
Jun, 2019 | 941.5 | 80 | 175N | 375 | 35 | 410 | 3,322 | 65 | |
Soybean, Argentina | Oct | 891.5 | 215 | 346X | 407 | 48 | 455 | 3,644 | 72 |
May, 2019 | 941.5 | 40 | 154N | 361 | 42 | 403 | 3,261 | 65 | |
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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