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 | 901.75 | 30 | 142N | 342 | 41 | 383 | 3,666 | |
Jul | 901.75 | 37 | 149N | 345 | 41 | 386 | 3,692 | -40 | |
Aug | 901.75 | 43 | 155N | 347 | 41 | 388 | 3,713 | -40 | |
Oct | 921 | 45 | 154X | 355 | 40 | 395 | 3,779 | -38 | |
Soybean, US PNW | Apr | 888 | 70 | 138K | 352 | 25 | 377 | 3,605 | -41 |
May | 888 | 74 | 142K | 353 | 25 | 378 | 3,621 | -40 | |
Soybean, Brazil | Apr | 888 | 23 | 105K | 335 | 30 | 365 | 2,825 | -34 |
May | 888 | 33 | 113K | 338 | 30 | 368 | 2,853 | -29 | |
Jun | 901.75 | 29 | 112N | 342 | 30 | 372 | 2,882 | -37 | |
Jul | 901.75 | 38 | 119N | 345 | 30 | 375 | 2,907 | -31 | |
Mar, 2020 | 937.5 | 22 | 106H | 353 | 31 | 384 | 2,971 | -28 | |
Soybean, Argentina | May | 901.75 | -42 | 64N | 316 | 39 | 355 | 2,752 | -32 |
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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