Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Jun | 841 | 38 | 150N | 323 | 41 | 364 | 3,531 | |
Jul | 841 | 40 | 152N | 324 | 41 | 365 | 3,539 | -22 | |
Aug | 847.25 | 40 | 152Q | 326 | 41 | 367 | 3,561 | -19 | |
Oct | 863 | 40 | 149X | 332 | 40 | 372 | 3,610 | -30 | |
Soybean, US PNW | May | 828.75 | 91 | 156K | 338 | 24 | 362 | 3,510 | 31 |
Jun | 841 | 77 | 142N | 337 | 24 | 361 | 3,506 | -27 | |
Soybean, Brazil | May | 841 | 29 | 116N | 320 | 32 | 352 | 2,762 | -5 |
Jun | 841 | 50 | 137N | 327 | 32 | 359 | 2,822 | 12 | |
Jul | 841 | 59 | 146N | 331 | 32 | 363 | 2,848 | 26 | |
Mar, 2020 | 882.5 | 28 | 112H | 335 | 31 | 366 | 2,873 | -4 | |
Soybean, Argentina | May | 841 | -25 | 84N | 300 | 40 | 340 | 2,671 | -5 |
Jun | 841 | -17 | 92N | 303 | 40 | 343 | 2,695 | -12 | |
Jul | 841 | -5 | 104N | 307 | 40 | 347 | 2,730 | -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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