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 | 877.75 | 70 | 182N | 348 | 41 | 389 | 3,833 | -40 |
Jul | 877.75 | 55 | 167N | 343 | 41 | 384 | 3,786 | -39 | |
Aug | 884.5 | 45 | 157Q | 341 | 41 | 382 | 3,779 | -38 | |
Oct | 904.75 | 35 | 144X | 345 | 40 | 385 | 3,813 | -39 | |
Soybean, US PNW | Jul | 877.75 | 65 | 128N | 346 | 23 | 369 | 3,647 | -40 |
Soybean, Brazil | Jun | 877.75 | 100 | 188N | 359 | 32.5 | 392 | 3,120 | -32 |
Jul | 877.75 | 110 | 198N | 363 | 32.5 | 395 | 3,153 | -32 | |
Aug | 877.75 | 118 | 206N | 366 | 32.5 | 398 | 3,180 | -31 | |
Feb, 2020 | 921.75 | 48 | 132H | 356 | 31 | 387 | 3,100 | -20 | |
Mar, 2020 | 921.75 | 35 | 119H | 352 | 31 | 383 | 3,062 | -18 | |
Apr, 2020 | 928 | 33 | 117K | 353 | 31 | 384 | 3,075 | -27 | |
Soybean, Argentina | Jun | 877.75 | 54 | 162N | 342 | 39.5 | 382 | 3,043 | -32 |
Jul | 877.75 | 62 | 170N | 345 | 39.5 | 385 | 3,070 | -44 | |
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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