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 | 835.5 | 38 | 150N | 321 | 41 | 362 | 3,567 | 15 |
Jul | 835.5 | 40 | 152N | 322 | 41 | 363 | 3,577 | 15 | |
Aug | 842 | 41 | 153Q | 324 | 41 | 365 | 3,603 | 15 | |
Oct | 859.75 | 33 | 142X | 328 | 40 | 368 | 3,635 | 13 | |
Soybean, US PNW | Jun | 835.5 | 74 | 142N | 334 | 25 | 359 | 3,540 | 29 |
Jul | 835.5 | 77 | 145N | 335 | 25 | 360 | 3,554 | 33 | |
Soybean, Brazil | May | 835.5 | 90 | 177N | 340 | 32 | 372 | 2,961 | 12 |
Jun | 835.5 | 95 | 182N | 342 | 32 | 374 | 2,978 | 12 | |
Jul | 835.5 | 105 | 192N | 346 | 32 | 378 | 3,009 | 12 | |
Feb, 2020 | 881.5 | 50 | 134H | 342 | 31 | 373 | 2,981 | 7 | |
Mar, 2020 | 881.5 | 44 | 128H | 340 | 31 | 371 | 2,964 | 7 | |
Soybean, Argentina | May | 835.5 | 34 | 142N | 319 | 39.5 | 359 | 2,860 | 12 |
Jun | 835.5 | 44 | 152N | 323 | 39.5 | 363 | 2,891 | 12 | |
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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