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 | 828.5 | 50 | 162N | 323 | 41 | 364 | 3,594 | 43 |
Jul | 828.5 | 45 | 157N | 321 | 41 | 362 | 3,581 | 26 | |
Aug | 835.5 | 45 | 157Q | 323 | 41 | 364 | 3,609 | 26 | |
Oct | 855.25 | 53 | 162X | 334 | 40 | 374 | 3,702 | 24 | |
Soybean, US PNW | Jun | 828.5 | 75 | 143N | 332 | 25 | 357 | 3,528 | 25 |
Jul | 828.5 | 78 | 146N | 333 | 25 | 358 | 3,543 | 25 | |
Soybean, Brazil | Jun | 828.5 | 110 | 198N | 345 | 32.5 | 377 | 3,013 | 49 |
Jul | 828.5 | 120 | 208N | 348 | 32.5 | 381 | 3,045 | 49 | |
Aug | 828.5 | 130 | 218N | 352 | 32.5 | 385 | 3,077 | 49 | |
Feb, 2020 | 875.25 | 50 | 134H | 340 | 31 | 371 | 2,973 | 19 | |
Mar, 2020 | 875.25 | 45 | 129H | 338 | 31 | 369 | 2,959 | 28 | |
Apr, 2020 | 885 | 35 | 119K | 338 | 31 | 369 | 2,958 | 18 | |
Soybean, Argentina | Jun | 828.5 | 56 | 164N | 325 | 39.5 | 364 | 2,913 | 32 |
Jul | 828.5 | 64 | 172N | 328 | 39.5 | 367 | 2,940 | 27 | |
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% |
|||||||||