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 | 894.25 | 30 | 142N | 340 | 41 | 381 | 3,641 | 12 |
Jul | 894.25 | 37 | 149N | 342 | 41 | 383 | 3,666 | 11 | |
Aug | 894.25 | 43 | 155N | 344 | 41 | 385 | 3,687 | 12 | |
Oct | 913.5 | 45 | 154X | 352 | 40 | 392 | 3,756 | 13 | |
Soybean, US PNW | Apr | 880.5 | 70 | 138K | 349 | 25 | 374 | 3,580 | 11 |
May | 880.5 | 74 | 142K | 351 | 25 | 376 | 3,595 | 11 | |
Soybean, Brazil | Apr | 880.5 | 30 | 112K | 335 | 30 | 365 | 2,823 | 28 |
May | 880.5 | 35 | 117K | 336 | 30 | 366 | 2,838 | 14 | |
Jun | 894.25 | 35 | 117N | 341 | 30 | 371 | 2,878 | 26 | |
Jul | 894.25 | 45 | 127N | 345 | 30 | 375 | 2,905 | 28 | |
Mar, 2020 | 930.75 | 22 | 106H | 350 | 31 | 381 | 2,955 | 11 | |
Soybean, Argentina | May | 894.25 | -38 | 68N | 315 | 39 | 354 | 2,742 | 14 |
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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