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 | 907 | 31 | 145F | 345 | 42 | 387 | 3,831 | 2 |
Jan, 2019 | 920.5 | 34 | 148H | 351 | 42 | 393 | 3,894 | 4 | |
Feb, 2019 | 920.5 | 36 | 150H | 351 | 42 | 393 | 3,904 | -8 | |
Mar, 2019 | 920.5 | 30 | 144H | 349 | 42 | 391 | 3,883 | -35 | |
Apr/May, 2019 | 933.25 | 30 | 144K | 354 | 42 | 396 | 3,935 | -35 | |
Soybean, US PNW | Dec | 907 | 67 | 130F | 358 | 23 | 381 | 3,775 | 16 |
Jan, 2019 | 920.5 | 72 | 135H | 365 | 23 | 388 | 3,845 | 17 | |
Soybean, Brazil | Dec | 907 | 60 | 148F | 355 | 32.5 | 388 | 3,107 | -21 |
Jan, 2019 | 920.5 | 55 | 143H | 358 | 32.5 | 391 | 3,135 | -11 | |
Feb, 2019 | 920.5 | 47 | 135H | 355 | 32.5 | 388 | 3,115 | -19 | |
Mar, 2019 | 920.5 | 42 | 130H | 354 | 32.5 | 386 | 3,100 | -20 | |
Apr/May, 2019 | 933.25 | 35 | 123K | 356 | 32.5 | 388 | 3,122 | -11 | |
Jun, 2019 | 945 | 35 | 123N | 360 | 32.5 | 393 | 3,156 | -4 | |
Jul, 2019 | 945 | 40 | 128N | 362 | 32.5 | 394 | 3,170 | -7 | |
Soybean, Argentina | Dec | 907 | 40 | 149F | 348 | 40 | 388 | 3,108 | -30 |
May, 2019 | 945 | -9 | 101N | 344 | 40.5 | 384 | 3,092 | -28 | |
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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