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 | 858.5 | 70 | 182N | 341 | 41 | 382 | 3,761 | -2 |
Jul | 858.5 | 55 | 167N | 336 | 41 | 377 | 3,713 | -2 | |
Aug | 865.25 | 48 | 160Q | 336 | 41 | 377 | 3,717 | 9 | |
Oct | 885.75 | 32 | 141X | 337 | 40 | 377 | 3,734 | 1 | |
Soybean, US PNW | Jul | 858.5 | 65 | 128N | 339 | 23 | 362 | 3,575 | -1 |
Soybean, Brazil | Jun | 858.5 | 115 | 203N | 358 | 32.5 | 390 | 3,104 | 12 |
Jul | 858.5 | 122 | 210N | 360 | 32.5 | 393 | 3,128 | -11 | |
Aug | 858.5 | 128 | 216N | 362 | 32.5 | 395 | 3,149 | -2 | |
Feb, 2020 | 909 | 48 | 132H | 352 | 31 | 383 | 3,062 | 2 | |
Mar, 2020 | 909 | 35 | 119H | 347 | 31 | 378 | 3,025 | 3 | |
Apr, 2020 | 918.5 | 33 | 117K | 350 | 31 | 381 | 3,047 | 4 | |
Soybean, Argentina | Jun | 858.5 | 67 | 175N | 340 | 39.5 | 380 | 3,022 | -1 |
Jul | 858.5 | 70 | 178N | 341 | 39.5 | 381 | 3,034 | -2 | |
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 9% |
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