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 | 13 | 149F | 328 | 50 | 378 | 3,772 | 8 |
Dec | 879 | 17 | 153F | 329 | 50 | 379 | 3,791 | 8 | |
Soybean, US PNW | Nov | 879 | 30 | 106F | 334 | 28 | 362 | 3,618 | 8 |
Dec | 879 | 34 | 110F | 335 | 28 | 363 | 3,636 | 7 | |
Soybean, Brazil | Nov | 879 | 192 | 290F | 393 | 36 | 429 | 3,458 | -36 |
Dec | 879 | 190 | 288F | 393 | 36 | 429 | 3,456 | -27 | |
Feb, 2019 | 892 | 120 | 215H | 372 | 35 | 407 | 3,287 | 8 | |
Mar, 2019 | 892 | 85 | 180H | 359 | 35 | 394 | 3,190 | 8 | |
Apr/May, 2019 | 905.25 | 67 | 165K | 357 | 36 | 393 | 3,184 | 13 | |
Jun, 2019 | 918.25 | 65 | 163N | 361 | 36 | 397 | 3,216 | 8 | |
Jul, 2019 | 918.25 | 75 | 173N | 365 | 36 | 401 | 3,245 | 8 | |
Soybean, Argentina | Nov | 879 | 141 | 260F | 375 | 43.8 | 419 | 3,372 | 7 |
May, 2019 | 918.25 | 25 | 145N | 347 | 44 | 391 | 3,163 | 7 | |
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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