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 | 875.5 | 28 | 140N | 332 | 41 | 373 | 3,578 | -55 |
Jul | 875.5 | 35 | 147N | 335 | 41 | 376 | 3,604 | -55 | |
Aug | 875.5 | 40 | 152N | 336 | 41 | 377 | 3,621 | -58 | |
Oct | 896.25 | 45 | 154X | 346 | 40 | 386 | 3,705 | -42 | |
Soybean, US PNW | Apr | 862 | 60 | 128K | 339 | 25 | 364 | 3,490 | -82 |
May | 862 | 67 | 135K | 341 | 25 | 366 | 3,516 | -71 | |
Soybean, Brazil | Apr | 862 | 30 | 114K | 328 | 31 | 359 | 2,786 | -31 |
May | 862 | 35 | 119K | 330 | 31 | 361 | 2,801 | -20 | |
Jun | 875.5 | 37 | 121N | 335 | 31 | 366 | 2,845 | -26 | |
Jul | 875.5 | 45 | 129N | 338 | 31 | 369 | 2,868 | -25 | |
Mar, 2020 | 915 | 22 | 106H | 344 | 31 | 375 | 2,917 | -32 | |
Soybean, Argentina | May | 875.5 | -36 | 70N | 308 | 39 | 347 | 2,702 | -39 |
Jun | 875.5 | -21 | 85N | 314 | 39 | 353 | 2,745 | -39 | |
Jul | 875.5 | -10 | 96N | 318 | 39 | 357 | 2,775 | -39 | |
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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