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 | 872 | 65 | 177N | 344 | 41 | 385 | 3,794 | 55 |
Jul | 872 | 55 | 167N | 341 | 41 | 382 | 3,763 | 54 | |
Aug | 878.5 | 45 | 157Q | 339 | 41 | 380 | 3,755 | 54 | |
Oct | 898.5 | 36 | 145X | 343 | 40 | 383 | 3,792 | 58 | |
Soybean, US PNW | Jul | 872 | 65 | 128N | 344 | 23 | 367 | 3,625 | 55 |
Soybean, Brazil | Jun | 872 | 106 | 194N | 359 | 32.5 | 392 | 3,119 | 4 |
Jul | 872 | 115 | 203N | 363 | 32.5 | 395 | 3,149 | 1 | |
Aug | 872 | 125 | 213N | 366 | 32.5 | 399 | 3,181 | 1 | |
Feb, 2020 | 915.5 | 45 | 129H | 353 | 31 | 384 | 3,071 | 27 | |
Mar, 2020 | 915.5 | 34 | 118H | 349 | 31 | 380 | 3,040 | 24 | |
Apr, 2020 | 922.75 | 33 | 117K | 351 | 31 | 382 | 3,057 | 29 | |
Soybean, Argentina | Jun | 872 | 54 | 162N | 340 | 39.5 | 380 | 3,026 | 36 |
Jul | 872 | 66 | 174N | 345 | 39.5 | 384 | 3,063 | 35 | |
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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