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 | 884.25 | 16 | 155F | 331 | 51 | 382 | 3,807 | 2 |
Dec | 884.25 | 19 | 158F | 332 | 51 | 383 | 3,822 | 1 | |
Soybean, US PNW | Nov | 884.25 | 43 | 114F | 341 | 26 | 367 | 3,660 | 2 |
Dec | 884.25 | 48 | 119F | 343 | 26 | 369 | 3,682 | 1 | |
Soybean, Brazil | Nov | 884.25 | 224 | 325F | 407 | 37 | 444 | 3,569 | -35 |
Dec | 884.25 | 219 | 320F | 405 | 37 | 442 | 3,559 | -27 | |
Feb, 2019 | 896.5 | 117 | 215H | 372 | 36 | 408 | 3,296 | 1 | |
Mar, 2019 | 896.5 | 82 | 180H | 360 | 36 | 396 | 3,201 | -16 | |
Apr/May, 2019 | 909.75 | 75 | 173K | 362 | 36 | 398 | 3,220 | -1 | |
Jun, 2019 | 922 | 77 | 175N | 367 | 36 | 403 | 3,261 | -1 | |
Soybean, Argentina | Nov | 884.25 | 155 | 280F | 382 | 46 | 428 | 3,441 | 2 |
May, 2019 | 922 | 35 | 160N | 352 | 46 | 398 | 3,218 | -1 | |
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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