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 | 902.25 | 19 | 155F | 338 | 50 | 388 | 3,874 | 30 |
Dec | 902.25 | 24 | 160F | 340 | 50 | 390 | 3,897 | 37 | |
Soybean, US PNW | Nov | 902.25 | 44 | 120F | 348 | 28 | 376 | 3,749 | 38 |
Dec | 902.25 | 49 | 125F | 349 | 28 | 377 | 3,772 | 38 | |
Soybean, Brazil | Dec | 902.25 | 172 | 270F | 395 | 36 | 431 | 3,465 | 11 |
Feb, 2019 | 915.5 | 102 | 200H | 374 | 36 | 410 | 3,306 | 50 | |
Mar, 2019 | 915.5 | 77 | 175H | 365 | 36 | 401 | 3,237 | 49 | |
Apr/May, 2019 | 928 | 67 | 165K | 366 | 36 | 402 | 3,249 | 51 | |
Jun, 2019 | 932.5 | 65 | 163N | 366 | 36 | 402 | 3,257 | 27 | |
Jul, 2019 | 932.5 | 77 | 175N | 371 | 36 | 407 | 3,291 | 27 | |
Aug, 2019 | 932.5 | 92 | 190N | 376 | 36 | 412 | 3,335 | ||
Soybean, Argentina | Nov | 902.25 | 136 | 255F | 381 | 43.8 | 425 | 3,422 | 16 |
May, 2019 | 932.5 | 22 | 142N | 351 | 44 | 395 | 3,195 | 27 | |
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% |
|||||||||