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 | -9 | 130X | 314 | 51 | 365 | 3,641 | -27 |
Nov | 863 | -4 | 135X | 316 | 51 | 367 | 3,668 | -29 | |
Dec | 876.75 | -5 | 134F | 320 | 51 | 371 | 3,721 | -27 | |
Soybean, US PNW | Oct | 863 | 19 | 90X | 324 | 26 | 350 | 3,498 | -63 |
Nov | 863 | 17 | 88X | 323 | 26 | 349 | 3,499 | -64 | |
Soybean, Brazil | Oct | 863 | 265 | 371X | 414 | 39 | 453 | 3,642 | -23 |
Nov | 863 | 277 | 383X | 419 | 39 | 458 | 3,686 | -3 | |
Dec | 863 | 285 | 391X | 422 | 39 | 461 | 3,716 | -9 | |
Feb, 2019 | 889.25 | 150 | 245H | 382 | 35 | 417 | 3,383 | -17 | |
Mar, 2019 | 889.25 | 125 | 220H | 373 | 35 | 408 | 3,310 | -3 | |
Apr/May, 2019 | 902.5 | 84 | 179K | 362 | 35 | 397 | 3,229 | -17 | |
Jun, 2019 | 914 | 80 | 175N | 365 | 35 | 400 | 3,251 | -15 | |
Soybean, Argentina | Oct | 863 | 218 | 346X | 397 | 47 | 444 | 3,569 | -72 |
May, 2019 | 914 | 40 | 154N | 350 | 42 | 392 | 3,190 | -15 | |
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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