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 | 889 | 70 | 182N | 352 | 41 | 393 | 3,873 | 79 |
Jul | 889 | 55 | 167N | 347 | 41 | 388 | 3,825 | 62 | |
Aug | 895.5 | 45 | 157Q | 346 | 41 | 387 | 3,817 | 62 | |
Oct | 915.5 | 35 | 144X | 349 | 40 | 389 | 3,852 | 60 | |
Soybean, US PNW | Jul | 889 | 65 | 128N | 350 | 23 | 373 | 3,687 | 62 |
Soybean, Brazil | Jun | 889 | 100 | 188N | 363 | 32.5 | 396 | 3,152 | 33 |
Jul | 889 | 110 | 198N | 367 | 32.5 | 400 | 3,185 | 36 | |
Aug | 889 | 118 | 206N | 370 | 32.5 | 402 | 3,211 | 30 | |
Feb, 2020 | 931.75 | 45 | 129H | 359 | 31 | 390 | 3,120 | 49 | |
Mar, 2020 | 931.75 | 31 | 115H | 354 | 31 | 385 | 3,080 | 40 | |
Apr, 2020 | 937.25 | 33 | 117K | 356 | 31 | 387 | 3,102 | 45 | |
Soybean, Argentina | Jun | 889 | 54 | 162N | 346 | 39.5 | 386 | 3,075 | 49 |
Jul | 889 | 66 | 174N | 351 | 39.5 | 390 | 3,114 | 51 | |
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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