Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | May | 895.5 | 43 | 155K | 345 | 40 | 385 | 3,688 | 21 |
Jul | 908.75 | 50 | 159N | 352 | 42 | 394 | 3,778 | ||
Aug | 908.75 | 55 | 164N | 354 | 42 | 396 | 3,802 | ||
Oct | 928.25 | 50 | 159X | 359 | 40 | 399 | 3,833 | 43 | |
Soybean, US PNW | Apr | 895.5 | 70 | 138K | 355 | 25 | 380 | 3,638 | 21 |
May | 895.5 | 74 | 142K | 356 | 25 | 381 | 3,654 | 21 | |
Soybean, Brazil | Apr | 895.5 | 38 | 120K | 343 | 29 | 372 | 2,885 | 20 |
May | 895.5 | 44 | 127K | 345 | 30 | 375 | 2,910 | 37 | |
Jun | 908.75 | 46 | 130N | 351 | 30 | 381 | 2,954 | 14 | |
Jul | 908.75 | 53 | 137N | 353 | 30 | 383 | 2,974 | 20 | |
Mar, 2020 | 943 | 27 | 111H | 356 | 31 | 387 | 3,009 | ||
Soybean, Argentina | May | 908.75 | -16 | 90N | 328 | 38 | 366 | 2,841 | 0 |
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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