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 | 10 | 130X | 323 | 44 | 367 | 3,657 | 102 |
Nov | 869 | 15 | 135X | 325 | 44 | 369 | 3,683 | 104 | |
Dec | 882.5 | 14 | 134F | 329 | 44 | 373 | 3,734 | 89 | |
Soybean, US PNW | Oct | 869 | 32 | 100X | 331 | 25 | 356 | 3,550 | 66 |
Nov | 869 | 30 | 98X | 330 | 25 | 355 | 3,551 | 68 | |
Soybean, Brazil | Oct | 869 | 265 | 371X | 417 | 39 | 456 | 3,654 | 71 |
Nov | 869 | 270 | 376X | 418 | 39 | 457 | 3,677 | 89 | |
Dec | 869 | 280 | 386X | 422 | 39 | 461 | 3,712 | 104 | |
Feb, 2019 | 894.25 | 144 | 239H | 381 | 35 | 416 | 3,368 | 57 | |
Mar, 2019 | 894.25 | 117 | 212H | 372 | 35 | 407 | 3,290 | 71 | |
Apr/May, 2019 | 907.5 | 84 | 179K | 364 | 35 | 399 | 3,233 | 62 | |
Jun, 2019 | 919 | 80 | 175N | 367 | 35 | 402 | 3,255 | 56 | |
Soybean, Argentina | Oct | 869 | 235 | 363X | 406 | 47 | 453 | 3,630 | 101 |
May, 2019 | 919 | 40 | 154N | 352 | 42 | 394 | 3,194 | 55 | |
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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