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 | 879 | 70 | 182N | 349 | 41 | 390 | 3,827 | -6 |
Jul | 879 | 55 | 167N | 343 | 41 | 384 | 3,780 | -6 | |
Aug | 885.75 | 45 | 157Q | 342 | 41 | 383 | 3,773 | -6 | |
Oct | 906.25 | 32 | 141X | 345 | 40 | 385 | 3,800 | -13 | |
Soybean, US PNW | Jul | 879 | 65 | 128N | 347 | 23 | 370 | 3,642 | -5 |
Soybean, Brazil | Jun | 879 | 102 | 190N | 360 | 32.5 | 393 | 3,121 | 1 |
Jul | 879 | 117 | 205N | 366 | 32.5 | 398 | 3,168 | 15 | |
Aug | 879 | 125 | 213N | 369 | 32.5 | 401 | 3,195 | 15 | |
Feb, 2020 | 924 | 48 | 132H | 357 | 31 | 388 | 3,100 | 0 | |
Mar, 2020 | 924 | 35 | 119H | 352 | 31 | 383 | 3,063 | 1 | |
Apr, 2020 | 930 | 33 | 117K | 354 | 31 | 385 | 3,074 | -1 | |
Soybean, Argentina | Jun | 879 | 54 | 162N | 343 | 39.5 | 382 | 3,038 | -5 |
Jul | 879 | 62 | 170N | 346 | 39.5 | 385 | 3,066 | -4 | |
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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