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 | 892.5 | 30 | 142N | 339 | 41 | 380 | 3,629 | -37 |
Jul | 892.5 | 37 | 149N | 341 | 41 | 382 | 3,655 | -37 | |
Aug | 892.5 | 43 | 155N | 344 | 41 | 385 | 3,675 | -38 | |
Oct | 912.25 | 45 | 154X | 352 | 40 | 392 | 3,743 | -36 | |
Soybean, US PNW | Apr | 879 | 70 | 138K | 349 | 25 | 374 | 3,569 | -36 |
May | 879 | 74 | 142K | 350 | 25 | 375 | 3,584 | -37 | |
Soybean, Brazil | Apr | 879 | 23 | 105K | 331 | 30 | 361 | 2,795 | -30 |
May | 879 | 33 | 113K | 335 | 30 | 365 | 2,824 | -29 | |
Jun | 892.5 | 29 | 112N | 339 | 30 | 369 | 2,852 | -30 | |
Jul | 892.5 | 38 | 119N | 342 | 30 | 372 | 2,877 | -30 | |
Mar, 2020 | 929.5 | 22 | 106H | 350 | 31 | 381 | 2,944 | -27 | |
Soybean, Argentina | May | 892.5 | -40 | 66N | 313 | 39 | 352 | 2,728 | -24 |
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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