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 | 852.25 | -9 | 130X | 310 | 51 | 361 | 3,607 | -34 |
Nov | 852.25 | -4 | 135X | 312 | 51 | 363 | 3,635 | -33 | |
Dec | 866 | -5 | 134F | 316 | 51 | 367 | 3,688 | -33 | |
Soybean, US PNW | Oct | 852.25 | 19 | 90X | 320 | 26 | 346 | 3,463 | -35 |
Nov | 852.25 | 17 | 88X | 319 | 26 | 345 | 3,466 | -33 | |
Soybean, Brazil | Oct | 852.25 | 265 | 371X | 410 | 39 | 449 | 3,616 | -26 |
Nov | 852.25 | 277 | 383X | 415 | 39 | 454 | 3,660 | -26 | |
Dec | 852.25 | 285 | 391X | 418 | 39 | 457 | 3,691 | -25 | |
Feb, 2019 | 878.75 | 150 | 245H | 378 | 35 | 413 | 3,356 | -27 | |
Mar, 2019 | 878.75 | 125 | 220H | 369 | 35 | 404 | 3,284 | -26 | |
Apr/May, 2019 | 892 | 84 | 179K | 359 | 35 | 394 | 3,203 | -26 | |
Jun, 2019 | 903.5 | 80 | 175N | 361 | 35 | 396 | 3,224 | -27 | |
Soybean, Argentina | Oct | 852.25 | 215 | 346X | 392 | 48 | 440 | 3,542 | -27 |
May, 2019 | 903.5 | 40 | 154N | 347 | 42 | 389 | 3,163 | -27 | |
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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