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 | 860.75 | 26 | 140N | 326 | 42 | 368 | 3,537 | -17 |
Jul | 860.75 | 30 | 147N | 327 | 43 | 370 | 3,561 | -18 | |
Aug | 860.75 | 35 | 152N | 329 | 43 | 372 | 3,580 | -16 | |
Oct | 880.75 | 40 | 149X | 338 | 40 | 378 | 3,640 | -23 | |
Soybean, US PNW | May | 847.5 | 77 | 137K | 340 | 22 | 362 | 3,479 | -13 |
Jun | 860.75 | 79 | 139N | 345 | 22 | 367 | 3,533 | ||
Soybean, Brazil | May | 847.5 | 32 | 119K | 323 | 32 | 355 | 2,767 | -15 |
Jun | 860.75 | 34 | 121N | 329 | 32 | 361 | 2,810 | -15 | |
Jul | 860.75 | 38 | 125N | 330 | 32 | 362 | 2,822 | -26 | |
Mar, 2020 | 899.25 | 19 | 106H | 337 | 32 | 369 | 2,877 | -19 | |
Soybean, Argentina | May | 860.75 | -41 | 73N | 301 | 42 | 343 | 2,676 | -15 |
Jun | 860.75 | -30 | 84N | 305 | 42 | 347 | 2,707 | -15 | |
Jul | 860.75 | -18 | 96N | 310 | 42 | 352 | 2,741 | -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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