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 | 912.5 | 37 | 149N | 349 | 41 | 390 | 3,732 | 14 |
Aug | 912.5 | 43 | 155N | 351 | 41 | 392 | 3,753 | 14 | |
Oct | 931 | 45 | 154X | 359 | 40 | 399 | 3,817 | 13 | |
Soybean, US PNW | Apr | 898.75 | 70 | 138K | 356 | 25 | 381 | 3,646 | 14 |
May | 898.75 | 74 | 142K | 357 | 25 | 382 | 3,661 | 13 | |
Soybean, Brazil | Apr | 898.75 | 21 | 105K | 338 | 31 | 369 | 2,859 | 11 |
May | 898.75 | 29 | 113K | 341 | 31 | 372 | 2,882 | 10 | |
Jun | 912.5 | 28 | 112N | 346 | 31 | 377 | 2,919 | 12 | |
Jul | 912.5 | 35 | 119N | 348 | 31 | 379 | 2,938 | 8 | |
Mar, 2020 | 946.5 | 22 | 106H | 356 | 31 | 387 | 2,999 | 9 | |
Soybean, Argentina | May | 912.5 | -42 | 64N | 320 | 39 | 359 | 2,784 | 6 |
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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