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 | 867 | 28 | 140N | 329 | 41 | 370 | 3,554 | -19 |
Jul | 867 | 35 | 147N | 331 | 41 | 372 | 3,579 | -20 | |
Aug | 867 | 40 | 152N | 333 | 41 | 374 | 3,596 | -20 | |
Oct | 887.75 | 40 | 149X | 341 | 40 | 381 | 3,663 | -36 | |
Soybean, US PNW | Apr | 853.75 | 60 | 128K | 336 | 25 | 361 | 3,468 | -17 |
May | 853.75 | 67 | 135K | 338 | 25 | 363 | 3,492 | -19 | |
Soybean, Brazil | May | 853.75 | 35 | 119K | 327 | 31 | 358 | 2,782 | -18 |
Jun | 867 | 37 | 121N | 332 | 31 | 363 | 2,825 | -25 | |
Jul | 867 | 45 | 129N | 335 | 31 | 366 | 2,848 | -18 | |
Mar, 2020 | 906.25 | 22 | 106H | 341 | 31 | 372 | 2,896 | -16 | |
Soybean, Argentina | May | 867 | -33 | 73N | 306 | 39 | 345 | 2,691 | -7 |
Jun | 867 | -22 | 84N | 310 | 39 | 349 | 2,722 | -21 | |
Jul | 867 | -10 | 96N | 315 | 39 | 354 | 2,756 | -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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