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 | 830.25 | 33 | 145N | 317 | 41 | 358 | 3,468 | -63 |
Jul | 830.25 | 35 | 147N | 318 | 41 | 359 | 3,477 | -62 | |
Aug | 836.5 | 35 | 147Q | 320 | 41 | 361 | 3,498 | -63 | |
Oct | 853 | 40 | 149X | 328 | 40 | 368 | 3,566 | -44 | |
Soybean, US PNW | Jun | 830.25 | 75 | 140N | 333 | 24 | 357 | 3,454 | -52 |
Soybean, Brazil | May | 830.25 | 53 | 140N | 325 | 32 | 357 | 2,793 | 31 |
Jun | 830.25 | 60 | 147N | 327 | 32 | 359 | 2,814 | -8 | |
Jul | 830.25 | 66 | 153N | 329 | 32 | 361 | 2,831 | -17 | |
Mar, 2020 | 874.5 | 33 | 117H | 333 | 31 | 364 | 2,857 | -16 | |
Soybean, Argentina | May | 830.25 | 0 | 109N | 305 | 40 | 345 | 2,706 | 35 |
Jun | 830.25 | 10 | 119N | 309 | 40 | 349 | 2,735 | 40 | |
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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