Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Jul | 827.25 | 45 | 157N | 320 | 41 | 361 | 3,525 | 24 |
Aug | 833.5 | 45 | 157Q | 323 | 41 | 364 | 3,547 | 14 | |
Oct | 850.5 | 40 | 149X | 327 | 40 | 367 | 3,585 | 19 | |
Soybean, US PNW | Jun | 827.25 | 72 | 140N | 330 | 25 | 355 | 3,466 | 13 |
Jul | 827.25 | 80 | 148N | 333 | 25 | 358 | 3,495 | 13 | |
Soybean, Brazil | May | 827.25 | 60 | 147N | 326 | 32 | 358 | 2,823 | 30 |
Jun | 827.25 | 66 | 153N | 328 | 32 | 360 | 2,841 | 19 | |
Jul | 827.25 | 76 | 163N | 332 | 32 | 364 | 2,870 | 27 | |
Mar, 2020 | 872.25 | 33 | 117H | 333 | 31 | 364 | 2,873 | 19 | |
Soybean, Argentina | May | 827.25 | 9 | 117N | 307 | 39.5 | 347 | 2,737 | 31 |
Jun | 827.25 | 19 | 127N | 311 | 39.5 | 350 | 2,766 | 31 | |
Jul | 827.25 | 27 | 135N | 314 | 39.5 | 353 | 2,790 | 26 | |
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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