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 | 911.75 | 24 | 144F | 344 | 44 | 388 | 3,826 | -31 |
Jan, 2019 | 923.75 | 28 | 148H | 350 | 44 | 394 | 3,888 | -31 | |
Mar, 2019 | 923.75 | 30 | 152H | 350 | 45 | 395 | 3,909 | -27 | |
Apr/May, 2019 | 937 | 35 | 160K | 357 | 46 | 403 | 3,991 | -10 | |
Soybean, US PNW | Dec | 911.75 | 57 | 128F | 356 | 26 | 382 | 3,769 | 33 |
Jan, 2019 | 923.75 | 66 | 137H | 364 | 26 | 390 | 3,849 | 26 | |
Soybean, Brazil | Dec | 911.75 | 82 | 170F | 365 | 32.5 | 398 | 3,171 | -65 |
Jan, 2019 | 923.75 | 87 | 180H | 371 | 34 | 405 | 3,235 | -42 | |
Feb, 2019 | 923.75 | 78 | 171H | 368 | 34 | 402 | 3,213 | -24 | |
Mar, 2019 | 923.75 | 67 | 160H | 364 | 34 | 398 | 3,181 | -8 | |
Apr/May, 2019 | 937 | 54 | 147K | 364 | 34 | 398 | 3,188 | -8 | |
Jun, 2019 | 948.75 | 52 | 145N | 368 | 34 | 402 | 3,216 | -23 | |
Jul, 2019 | 948.75 | 63 | 156N | 372 | 34 | 406 | 3,248 | -11 | |
Aug, 2019 | 948.75 | 72 | 165N | 375 | 34 | 409 | 3,273 | 0 | |
Soybean, Argentina | Dec | 911.75 | 38 | 155F | 349 | 43 | 392 | 3,127 | -13 |
May, 2019 | 948.75 | 10 | 130N | 352 | 44 | 396 | 3,174 | 9 | |
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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