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 | 890.75 | 30 | 142N | 338 | 41 | 379 | 3,633 | -8 |
Jul | 890.75 | 37 | 149N | 341 | 41 | 382 | 3,659 | -7 | |
Aug | 890.75 | 43 | 155N | 343 | 41 | 384 | 3,679 | -8 | |
Oct | 909.75 | 45 | 154X | 351 | 40 | 391 | 3,747 | -9 | |
Soybean, US PNW | Apr | 877 | 70 | 138K | 348 | 25 | 373 | 3,572 | -8 |
May | 877 | 74 | 142K | 349 | 25 | 374 | 3,587 | -8 | |
Soybean, Brazil | Apr | 877 | 30 | 112K | 333 | 30 | 363 | 2,817 | -6 |
May | 877 | 31 | 113K | 334 | 30 | 364 | 2,821 | -17 | |
Jun | 890.75 | 35 | 117N | 340 | 30 | 370 | 2,871 | -7 | |
Jul | 890.75 | 43 | 125N | 343 | 30 | 373 | 2,893 | -12 | |
Mar, 2020 | 927.5 | 22 | 106H | 349 | 31 | 380 | 2,949 | -6 | |
Soybean, Argentina | May | 890.75 | -36 | 70N | 314 | 39 | 353 | 2,741 | -1 |
Jun | 890.75 | -21 | 85N | 320 | 39 | 359 | 2,784 | ||
Jul | 890.75 | -10 | 96N | 324 | 39 | 363 | 2,814 | ||
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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