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 | 900 | 41 | 155K | 346 | 42 | 388 | 3,712 | 24 |
Jul | 913.5 | 45 | 159N | 352 | 42 | 394 | 3,774 | -4 | |
Aug | 913.5 | 50 | 164N | 354 | 42 | 396 | 3,791 | -11 | |
Oct | 932.75 | 50 | 159X | 361 | 40 | 401 | 3,841 | 8 | |
Soybean, US PNW | Apr | 900 | 70 | 138K | 356 | 25 | 381 | 3,650 | 12 |
May | 900 | 74 | 142K | 358 | 25 | 383 | 3,666 | 12 | |
Soybean, Brazil | Apr | 900 | 36 | 120K | 344 | 31 | 375 | 2,904 | 19 |
May | 900 | 45 | 129K | 347 | 31 | 378 | 2,930 | 20 | |
Jun | 913.5 | 46 | 130N | 353 | 31 | 384 | 2,972 | 18 | |
Jul | 913.5 | 55 | 139N | 356 | 31 | 387 | 2,997 | 23 | |
Mar, 2020 | 948.25 | 27 | 111H | 358 | 31 | 389 | 3,018 | 9 | |
Soybean, Argentina | May | 913.5 | -23 | 83N | 327 | 39 | 366 | 2,840 | -1 |
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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