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 | 869.75 | -9 | 130X | 316 | 51 | 367 | 3,668 | 11 |
Nov | 869.75 | -4 | 135X | 318 | 51 | 369 | 3,697 | 14 | |
Dec | 883 | -5 | 134F | 323 | 51 | 374 | 3,748 | 14 | |
Soybean, US PNW | Oct | 869.75 | 29 | 100X | 330 | 26 | 356 | 3,561 | 11 |
Nov | 869.75 | 27 | 98X | 329 | 26 | 355 | 3,563 | 12 | |
Soybean, Brazil | Oct | 869.75 | 265 | 371X | 417 | 39 | 456 | 3,665 | 11 |
Nov | 869.75 | 270 | 376X | 419 | 39 | 458 | 3,689 | 12 | |
Dec | 869.75 | 280 | 386X | 422 | 39 | 461 | 3,725 | 13 | |
Feb, 2019 | 894.75 | 150 | 245H | 384 | 35 | 419 | 3,400 | 32 | |
Mar, 2019 | 894.75 | 120 | 215H | 373 | 35 | 408 | 3,313 | 23 | |
Apr/May, 2019 | 907.75 | 84 | 179K | 364 | 35 | 399 | 3,246 | 13 | |
Jun, 2019 | 918.75 | 80 | 175N | 367 | 35 | 402 | 3,266 | 11 | |
Soybean, Argentina | Oct | 869.75 | 235 | 363X | 406 | 47 | 453 | 3,641 | 11 |
May, 2019 | 918.75 | 40 | 154N | 352 | 42 | 394 | 3,205 | 11 | |
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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