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 | 872.75 | 28 | 140N | 331 | 41 | 372 | 3,573 | 14 |
Jul | 872.75 | 35 | 147N | 334 | 41 | 375 | 3,599 | 15 | |
Aug | 872.75 | 40 | 152N | 335 | 41 | 376 | 3,616 | 14 | |
Oct | 893.25 | 45 | 154X | 345 | 40 | 385 | 3,699 | 13 | |
Soybean, US PNW | Apr | 859.25 | 60 | 128K | 338 | 25 | 363 | 3,485 | 14 |
May | 859.25 | 67 | 135K | 340 | 25 | 365 | 3,511 | 14 | |
Soybean, Brazil | Apr | 859.25 | 31 | 115K | 327 | 31 | 358 | 2,785 | 14 |
May | 859.25 | 36 | 120K | 329 | 31 | 360 | 2,800 | 14 | |
Jun | 872.75 | 40 | 124N | 335 | 31 | 366 | 2,850 | 12 | |
Jul | 872.75 | 46 | 130N | 338 | 31 | 369 | 2,866 | 11 | |
Mar, 2020 | 912 | 22 | 106H | 343 | 31 | 374 | 2,912 | 12 | |
Soybean, Argentina | May | 872.75 | -36 | 70N | 307 | 39 | 346 | 2,698 | 11 |
Jun | 872.75 | -20 | 86N | 313 | 39 | 352 | 2,743 | 14 | |
Jul | 872.75 | -10 | 96N | 317 | 39 | 356 | 2,771 | 11 | |
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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