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 | 850.25 | -1 | 138X | 312 | 51 | 363 | 3,633 | -22 |
Nov | 850.25 | 5 | 144X | 314 | 51 | 365 | 3,662 | -14 | |
Dec | 863.5 | 3 | 142F | 318 | 51 | 369 | 3,708 | -15 | |
Soybean, US PNW | Oct | 850.25 | 39 | 100X | 327 | 26 | 353 | 3,532 | -22 |
Nov | 850.25 | 29 | 100X | 323 | 26 | 349 | 3,503 | -22 | |
Soybean, Brazil | Oct | 850.25 | 260 | 363X | 408 | 38 | 446 | 3,592 | -39 |
Nov | 850.25 | 258 | 361X | 407 | 38 | 445 | 3,593 | -47 | |
Dec | 850.25 | 263 | 366X | 409 | 38 | 447 | 3,613 | -51 | |
Feb, 2019 | 876.75 | 135 | 238H | 372 | 38 | 410 | 3,330 | -42 | |
Mar, 2019 | 876.75 | 105 | 208H | 361 | 38 | 399 | 3,243 | -39 | |
Apr/May, 2019 | 890.75 | 77 | 180K | 356 | 38 | 394 | 3,202 | -30 | |
Jun, 2019 | 902.25 | 79 | 182N | 361 | 38 | 399 | 3,241 | -35 | |
Soybean, Argentina | Oct | 850.25 | 195 | 323X | 384 | 47 | 431 | 3,475 | -68 |
May, 2019 | 902.25 | 40 | 165N | 346 | 46 | 392 | 3,191 | -17 | |
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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