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 | 913.5 | 23 | 140F | 344 | 43 | 387 | 3,828 | 2 |
Jan, 2019 | 925.5 | 25 | 142H | 349 | 43 | 392 | 3,882 | -6 | |
Mar, 2019 | 925.5 | 32 | 152H | 352 | 44 | 396 | 3,920 | 11 | |
Apr/May, 2019 | 938.25 | 35 | 155K | 358 | 44 | 402 | 3,982 | -9 | |
Soybean, US PNW | Dec | 913.5 | 54 | 125F | 355 | 26 | 381 | 3,773 | 4 |
Jan, 2019 | 925.5 | 66 | 137H | 364 | 26 | 390 | 3,863 | 14 | |
Soybean, Brazil | Dec | 913.5 | 82 | 170F | 366 | 32.5 | 398 | 3,183 | 12 |
Jan, 2019 | 925.5 | 88 | 178H | 372 | 33 | 405 | 3,242 | 7 | |
Feb, 2019 | 925.5 | 75 | 165H | 368 | 33 | 401 | 3,207 | -6 | |
Mar, 2019 | 925.5 | 60 | 150H | 362 | 33 | 395 | 3,164 | -17 | |
Apr/May, 2019 | 938.25 | 50 | 140K | 363 | 33 | 396 | 3,177 | -11 | |
Jun, 2019 | 950.25 | 49 | 139N | 367 | 33 | 400 | 3,209 | -7 | |
Jul, 2019 | 950.25 | 48 | 138N | 367 | 33 | 400 | 3,206 | -42 | |
Aug, 2019 | 950.25 | 65 | 155N | 373 | 33 | 406 | 3,255 | -18 | |
Soybean, Argentina | Dec | 913.5 | 41 | 155F | 351 | 42 | 393 | 3,139 | 12 |
May, 2019 | 950.25 | 10 | 124N | 353 | 42 | 395 | 3,167 | -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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