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 | 858.25 | -9 | 130X | 312 | 51 | 363 | 3,609 | 2 |
Nov | 858.25 | -4 | 135X | 314 | 51 | 365 | 3,635 | 0 | |
Dec | 872.5 | -5 | 134F | 319 | 51 | 370 | 3,690 | 2 | |
Soybean, US PNW | Oct | 858.25 | 19 | 90X | 322 | 26 | 348 | 3,466 | 3 |
Nov | 858.25 | 17 | 88X | 322 | 26 | 348 | 3,467 | 1 | |
Soybean, Brazil | Oct | 858.25 | 267 | 373X | 413 | 39 | 452 | 3,619 | 3 |
Nov | 858.25 | 279 | 385X | 418 | 39 | 457 | 3,662 | 2 | |
Dec | 858.25 | 285 | 391X | 420 | 39 | 459 | 3,686 | -5 | |
Feb, 2019 | 885 | 150 | 245H | 380 | 35 | 415 | 3,356 | 0 | |
Mar, 2019 | 885 | 125 | 220H | 371 | 35 | 406 | 3,284 | 0 | |
Apr/May, 2019 | 898.5 | 85 | 180K | 361 | 35 | 396 | 3,207 | 4 | |
Jun, 2019 | 910.25 | 80 | 175N | 364 | 35 | 399 | 3,227 | 3 | |
Soybean, Argentina | Oct | 858.25 | 215 | 346X | 394 | 48 | 442 | 3,540 | -2 |
May, 2019 | 910.25 | 40 | 154N | 349 | 42 | 391 | 3,166 | 3 | |
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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