Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Nov | 882 | 16 | 155F | 330 | 51 | 381 | 3,796 | 85 |
Dec | 882 | 19 | 158F | 331 | 51 | 382 | 3,813 | 84 | |
Soybean, US PNW | Nov | 882 | 55 | 126F | 344 | 26 | 370 | 3,691 | 85 |
Dec | 882 | 65 | 136F | 348 | 26 | 374 | 3,734 | 85 | |
Soybean, Brazil | Nov | 882 | 239 | 340F | 412 | 37 | 449 | 3,603 | 64 |
Dec | 882 | 234 | 335F | 410 | 37 | 447 | 3,595 | 64 | |
Feb, 2019 | 894.25 | 121 | 219H | 373 | 36 | 409 | 3,302 | 46 | |
Mar, 2019 | 894.25 | 96 | 194H | 364 | 36 | 400 | 3,229 | 52 | |
Apr/May, 2019 | 907.75 | 75 | 173K | 361 | 36 | 397 | 3,208 | 52 | |
Jun, 2019 | 920 | 77 | 175N | 366 | 36 | 402 | 3,249 | 45 | |
Soybean, Argentina | Nov | 882 | 165 | 290F | 385 | 46 | 431 | 3,460 | 65 |
May, 2019 | 920 | 35 | 160N | 351 | 46 | 397 | 3,206 | 51 | |
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% |
|||||||||