Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Jul | 915.25 | 35 | 147N | 349 | 41 | 390 | 3,737 | -34 |
Aug | 915.25 | 43 | 155N | 352 | 41 | 393 | 3,764 | -11 | |
Oct | 934.5 | 45 | 154X | 360 | 40 | 400 | 3,831 | -24 | |
Soybean, US PNW | Apr | 902 | 70 | 138K | 357 | 25 | 382 | 3,659 | -4 |
May | 902 | 74 | 142K | 359 | 25 | 384 | 3,674 | 2 | |
Soybean, Brazil | Apr | 902 | 28 | 112K | 342 | 31 | 373 | 2,889 | -3 |
May | 902 | 30 | 114K | 342 | 31 | 373 | 2,895 | -10 | |
Jun | 915.25 | 34 | 118N | 349 | 31 | 380 | 2,944 | -9 | |
Jul | 915.25 | 43 | 127N | 352 | 31 | 383 | 2,969 | -1 | |
Mar, 2020 | 950.5 | 22 | 106H | 357 | 31 | 388 | 3,011 | -11 | |
Soybean, Argentina | May | 915.25 | -34 | 72N | 324 | 39 | 363 | 2,815 | -17 |
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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