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 | 868.75 | 28 | 140N | 329 | 41 | 370 | 3,559 | -19 |
Jul | 868.75 | 35 | 147N | 332 | 41 | 373 | 3,584 | -20 | |
Aug | 868.75 | 40 | 152N | 334 | 41 | 375 | 3,602 | -19 | |
Oct | 889.5 | 45 | 154X | 343 | 40 | 383 | 3,686 | -19 | |
Soybean, US PNW | Apr | 855.25 | 60 | 128K | 336 | 25 | 361 | 3,471 | -19 |
May | 855.25 | 67 | 135K | 339 | 25 | 364 | 3,497 | -19 | |
Soybean, Brazil | Apr | 855.25 | 30 | 114K | 325 | 31 | 356 | 2,771 | -15 |
May | 855.25 | 35 | 119K | 327 | 31 | 358 | 2,786 | -15 | |
Jun | 868.75 | 40 | 124N | 334 | 31 | 365 | 2,838 | -7 | |
Jul | 868.75 | 46 | 130N | 336 | 31 | 367 | 2,855 | -13 | |
Mar, 2020 | 907.75 | 22 | 106H | 342 | 31 | 373 | 2,900 | -17 | |
Soybean, Argentina | May | 868.75 | -36 | 70N | 306 | 39 | 345 | 2,687 | -15 |
Jun | 868.75 | -21 | 85N | 311 | 39 | 350 | 2,729 | -16 | |
Jul | 868.75 | -10 | 96N | 316 | 39 | 355 | 2,760 | -15 | |
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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