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 | 879.5 | 13 | 149F | 328 | 50 | 378 | 3,764 | -43 |
Dec | 879.5 | 17 | 153F | 329 | 50 | 379 | 3,783 | -39 | |
Soybean, US PNW | Nov | 879.5 | 30 | 106F | 334 | 28 | 362 | 3,610 | -50 |
Dec | 879.5 | 34 | 110F | 336 | 28 | 364 | 3,629 | -53 | |
Soybean, Brazil | Nov | 879.5 | 207 | 305F | 399 | 36 | 435 | 3,494 | -75 |
Dec | 879.5 | 202 | 300F | 397 | 36 | 433 | 3,483 | -76 | |
Feb, 2019 | 892.25 | 120 | 215H | 372 | 35 | 407 | 3,279 | -17 | |
Mar, 2019 | 892.25 | 85 | 180H | 359 | 35 | 394 | 3,182 | -19 | |
Apr/May, 2019 | 905.5 | 65 | 163K | 357 | 36 | 393 | 3,171 | -49 | |
Jun, 2019 | 918.5 | 65 | 163N | 361 | 36 | 397 | 3,208 | -53 | |
Jul, 2019 | 918.5 | 75 | 173N | 365 | 36 | 401 | 3,237 | ||
Soybean, Argentina | Nov | 879.5 | 141 | 260F | 375 | 43.8 | 419 | 3,365 | -76 |
May, 2019 | 918.5 | 25 | 145N | 347 | 44 | 391 | 3,156 | -62 | |
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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