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 | 908.75 | 37 | 149N | 347 | 41 | 388 | 3,727 | -10 |
Aug | 908.75 | 43 | 155N | 350 | 41 | 391 | 3,748 | -16 | |
Oct | 928.25 | 45 | 154X | 358 | 40 | 398 | 3,818 | -13 | |
Soybean, US PNW | Apr | 895.25 | 70 | 138K | 355 | 25 | 380 | 3,641 | -18 |
May | 895.25 | 74 | 142K | 356 | 25 | 381 | 3,656 | -18 | |
Soybean, Brazil | Apr | 895.25 | 21 | 105K | 337 | 31 | 368 | 2,855 | -34 |
May | 895.25 | 31 | 115K | 340 | 31 | 371 | 2,884 | -11 | |
Jun | 908.75 | 28 | 112N | 344 | 31 | 375 | 2,914 | -30 | |
Jul | 908.75 | 36 | 120N | 347 | 31 | 378 | 2,936 | -33 | |
Mar, 2020 | 944.5 | 22 | 106H | 355 | 31 | 386 | 3,001 | -10 | |
Soybean, Argentina | May | 908.75 | -40 | 66N | 319 | 39 | 358 | 2,785 | -30 |
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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