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 | 3,718 | -9 |
Aug | 908.75 | 43 | 155N | 350 | 41 | 391 | 3,739 | -9 | |
Oct | 927.75 | 45 | 154X | 357 | 40 | 397 | 3,804 | -14 | |
Soybean, US PNW | Apr | 895.25 | 70 | 138K | 355 | 25 | 380 | 3,632 | -9 |
May | 895.25 | 74 | 142K | 356 | 25 | 381 | 3,648 | -8 | |
Soybean, Brazil | Apr | 895.25 | 21 | 105K | 337 | 31 | 368 | 2,848 | -7 |
May | 895.25 | 29 | 113K | 340 | 31 | 371 | 2,872 | -12 | |
Jun | 908.75 | 28 | 112N | 344 | 31 | 375 | 2,907 | -7 | |
Jul | 908.75 | 36 | 120N | 347 | 31 | 378 | 2,930 | -6 | |
Mar, 2020 | 943.75 | 22 | 106H | 355 | 31 | 386 | 2,990 | -11 | |
Soybean, Argentina | May | 908.75 | -40 | 66N | 319 | 39 | 358 | 2,778 | -7 |
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% |
|||||||||