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 | 821.5 | 60 | 172N | 324 | 41 | 365 | 3,601 | 7 |
Jul | 821.5 | 55 | 167N | 322 | 41 | 363 | 3,589 | 8 | |
Aug | 828.25 | 45 | 157Q | 321 | 41 | 362 | 3,581 | -28 | |
Oct | 848.25 | 53 | 162X | 331 | 40 | 371 | 3,677 | -25 | |
Soybean, US PNW | Jun | 821.5 | 78 | 146N | 330 | 25 | 355 | 3,510 | -18 |
Jul | 821.5 | 81 | 149N | 332 | 25 | 357 | 3,526 | -17 | |
Soybean, Brazil | Jun | 821.5 | 120 | 208N | 346 | 32.5 | 378 | 3,018 | 5 |
Jul | 821.5 | 130 | 218N | 350 | 32.5 | 382 | 3,052 | 7 | |
Aug | 821.5 | 140 | 228N | 353 | 32.5 | 386 | 3,083 | 6 | |
Feb, 2020 | 869.5 | 58 | 142H | 341 | 31 | 372 | 2,979 | 6 | |
Mar, 2020 | 869.5 | 50 | 134H | 338 | 31 | 369 | 2,956 | -3 | |
Apr, 2020 | 880.75 | 38 | 122K | 338 | 31 | 369 | 2,954 | -4 | |
Soybean, Argentina | Jun | 821.5 | 66 | 174N | 326 | 39.5 | 366 | 2,919 | 6 |
Jul | 821.5 | 76 | 184N | 330 | 39.5 | 369 | 2,952 | 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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