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 | 802.5 | 53 | 165N | 314 | 41 | 355 | 3,498 | |
Jul | 802.5 | 48 | 160N | 312 | 41 | 353 | 3,483 | -12 | |
Aug | 809 | 41 | 153Q | 312 | 41 | 353 | 3,482 | -36 | |
Oct | 827.5 | 36 | 145X | 317 | 40 | 357 | 3,527 | -29 | |
Soybean, US PNW | Jun | 802.5 | 70 | 138N | 321 | 25 | 346 | 3,404 | -23 |
Jul | 802.5 | 72 | 140N | 321 | 25 | 346 | 3,414 | -41 | |
Soybean, Brazil | May | 802.5 | 90 | 177N | 328 | 32 | 360 | 2,862 | 42 |
Jun | 802.5 | 95 | 182N | 330 | 32 | 362 | 2,880 | 18 | |
Jul | 802.5 | 105 | 192N | 333 | 32 | 365 | 2,911 | 13 | |
Feb, 2020 | 852.75 | 50 | 134H | 332 | 31 | 363 | 2,896 | 4 | |
Mar, 2020 | 852.75 | 44 | 128H | 329 | 31 | 360 | 2,878 | 21 | |
Soybean, Argentina | May | 802.5 | 39 | 147N | 309 | 39.5 | 349 | 2,775 | 34 |
Jun | 802.5 | 49 | 157N | 313 | 39.5 | 352 | 2,807 | 29 | |
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% |
|||||||||