Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Dec | 873.75 | 9 | 145F | 324 | 50 | 374 | 3,740 | -63 |
Jan, 2019 | 887.5 | 14 | 150H | 331 | 50 | 381 | 3,812 | -63 | |
Mar, 2019 | 887.5 | 12 | 148H | 330 | 50 | 380 | 3,809 | -63 | |
Apr/May, 2019 | 900.75 | 12 | 148K | 335 | 50 | 385 | 3,866 | -59 | |
Soybean, US PNW | Dec | 873.75 | 44 | 120F | 337 | 28 | 365 | 3,650 | -64 |
Jan, 2019 | 873.75 | 60 | 136F | 343 | 28 | 371 | 3,712 | -64 | |
Soybean, Brazil | Dec | 873.75 | 152 | 250F | 377 | 33 | 410 | 3,304 | -51 |
Jan, 2019 | 887.5 | 130 | 228H | 374 | 32 | 406 | 3,277 | -53 | |
Feb, 2019 | 887.5 | 94 | 192H | 361 | 32 | 393 | 3,177 | -59 | |
Mar, 2019 | 887.5 | 75 | 173H | 354 | 32 | 386 | 3,122 | -56 | |
Apr/May, 2019 | 900.75 | 69 | 167K | 356 | 33.5 | 390 | 3,162 | -47 | |
Jun, 2019 | 913 | 67 | 165N | 360 | 33.5 | 394 | 3,191 | -46 | |
Jul, 2019 | 913 | 72 | 170N | 362 | 33.5 | 395 | 3,206 | -60 | |
Aug, 2019 | 913 | 87 | 185N | 367 | 33.5 | 401 | 3,250 | -60 | |
Soybean, Argentina | Dec | 873.75 | 110 | 229F | 361 | 40 | 401 | 3,238 | -51 |
May, 2019 | 913 | 12 | 132N | 340 | 41 | 381 | 3,091 | -46 | |
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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