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 | 898.75 | 41 | 155K | 345 | 42 | 387 | 3,709 | -3 |
Jul | 912.25 | 45 | 159N | 352 | 42 | 394 | 3,771 | -3 | |
Aug | 912.25 | 50 | 164N | 354 | 42 | 396 | 3,789 | -2 | |
Oct | 932 | 50 | 159X | 361 | 40 | 401 | 3,841 | 0 | |
Soybean, US PNW | Apr | 898.75 | 70 | 138K | 356 | 25 | 381 | 3,648 | -2 |
May | 898.75 | 74 | 142K | 357 | 25 | 382 | 3,663 | -3 | |
Soybean, Brazil | Apr | 898.75 | 36 | 120K | 343 | 31 | 374 | 2,902 | -2 |
May | 898.75 | 41 | 125K | 345 | 31 | 376 | 2,917 | -13 | |
Jun | 912.25 | 44 | 128N | 351 | 31 | 382 | 2,965 | -7 | |
Jul | 912.25 | 53 | 137N | 355 | 31 | 386 | 2,990 | -7 | |
Mar, 2020 | 947.75 | 27 | 111H | 358 | 31 | 389 | 3,018 | 0 | |
Soybean, Argentina | May | 912.25 | -24 | 82N | 326 | 39 | 365 | 2,835 | -5 |
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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