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 | 831.5 | 38 | 150N | 319 | 41 | 360 | 3,552 | 54 |
Jul | 831.5 | 40 | 152N | 320 | 41 | 361 | 3,562 | 79 | |
Aug | 838 | 41 | 153Q | 323 | 41 | 364 | 3,588 | 106 | |
Oct | 856.5 | 33 | 142X | 327 | 40 | 367 | 3,622 | 95 | |
Soybean, US PNW | Jun | 831.5 | 70 | 138N | 331 | 25 | 356 | 3,511 | 107 |
Jul | 831.5 | 72 | 140N | 332 | 25 | 357 | 3,521 | 107 | |
Soybean, Brazil | May | 831.5 | 90 | 177N | 339 | 32 | 371 | 2,949 | 87 |
Jun | 831.5 | 95 | 182N | 340 | 32 | 372 | 2,966 | 86 | |
Jul | 831.5 | 105 | 192N | 344 | 32 | 376 | 2,997 | 86 | |
Feb, 2020 | 879.25 | 50 | 134H | 341 | 31 | 372 | 2,974 | 78 | |
Mar, 2020 | 879.25 | 44 | 128H | 339 | 31 | 370 | 2,957 | 79 | |
Soybean, Argentina | May | 831.5 | 34 | 142N | 318 | 39.5 | 357 | 2,848 | 73 |
Jun | 831.5 | 44 | 152N | 322 | 39.5 | 361 | 2,879 | 72 | |
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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