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 | 822 | 45 | 157N | 319 | 41 | 360 | 3,551 | -34 |
Jul | 822 | 45 | 157N | 319 | 41 | 360 | 3,555 | -35 | |
Aug | 828.75 | 45 | 157Q | 321 | 41 | 362 | 3,583 | -34 | |
Oct | 848.5 | 53 | 162X | 331 | 40 | 371 | 3,678 | -57 | |
Soybean, US PNW | Jun | 822 | 75 | 143N | 330 | 25 | 355 | 3,503 | -55 |
Jul | 822 | 78 | 146N | 331 | 25 | 356 | 3,518 | -45 | |
Soybean, Brazil | Jun | 822 | 100 | 188N | 339 | 32.5 | 371 | 2,964 | -27 |
Jul | 822 | 110 | 198N | 342 | 32.5 | 375 | 2,996 | -28 | |
Aug | 822 | 120 | 208N | 346 | 32.5 | 379 | 3,028 | -27 | |
Feb, 2020 | 868.5 | 50 | 134H | 337 | 31 | 368 | 2,954 | -19 | |
Mar, 2020 | 868.5 | 42 | 126H | 335 | 31 | 366 | 2,931 | -16 | |
Apr, 2020 | 878.5 | 35 | 119K | 336 | 31 | 367 | 2,940 | -22 | |
Soybean, Argentina | Jun | 822 | 52 | 160N | 321 | 39.5 | 361 | 2,881 | -19 |
Jul | 822 | 62 | 170N | 325 | 39.5 | 364 | 2,913 | -19 | |
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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