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 | 856 | 65 | 177N | 338 | 41 | 379 | 3,739 | 121 |
Jul | 856 | 55 | 167N | 335 | 41 | 376 | 3,709 | 105 | |
Aug | 862.75 | 45 | 157Q | 334 | 41 | 375 | 3,701 | 104 | |
Oct | 882.5 | 36 | 145X | 337 | 40 | 377 | 3,734 | 49 | |
Soybean, US PNW | Jul | 856 | 65 | 128N | 338 | 23 | 361 | 3,570 | 61 |
Soybean, Brazil | Jun | 856 | 120 | 208N | 359 | 32.5 | 391 | 3,115 | 84 |
Jul | 856 | 130 | 218N | 362 | 32.5 | 395 | 3,148 | 84 | |
Aug | 856 | 140 | 228N | 366 | 32.5 | 398 | 3,180 | 84 | |
Feb, 2020 | 901.5 | 50 | 134H | 350 | 31 | 381 | 3,044 | 80 | |
Mar, 2020 | 901.5 | 40 | 124H | 346 | 31 | 377 | 3,016 | 66 | |
Apr, 2020 | 910.75 | 35 | 119K | 347 | 31 | 378 | 3,028 | 66 | |
Soybean, Argentina | Jun | 856 | 57 | 165N | 335 | 39.5 | 375 | 2,990 | 58 |
Jul | 856 | 69 | 177N | 340 | 39.5 | 379 | 3,028 | 64 | |
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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