Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Jul | 915.5 | 76 | 182N | 364 | 39 | 403 | 3,926 | 23 |
Aug | 921.75 | 70 | 176Q | 364 | 39 | 403 | 3,932 | 13 | |
Oct | 941 | 40 | 149X | 360 | 40 | 400 | 3,908 | 22 | |
Soybean, US PNW | Jul | 915.5 | 75 | 138N | 364 | 23 | 387 | 3,770 | 12 |
Soybean, Brazil | Jul | 915.5 | 94 | 178N | 371 | 31 | 402 | 3,164 | 26 |
Aug | 915.5 | 95 | 179N | 371 | 31 | 402 | 3,171 | 12 | |
Sep | 941 | 87 | 171X | 378 | 31 | 409 | 3,224 | 7 | |
Feb, 2020 | 960.25 | 43 | 138H | 369 | 35 | 404 | 3,190 | 29 | |
Mar, 2020 | 960.25 | 35 | 130H | 366 | 35 | 401 | 3,168 | 35 | |
Apr, 2020 | 964.5 | 25 | 120K | 364 | 35 | 399 | 3,151 | 36 | |
Soybean, Argentina | Jul | 915.5 | 60 | 168N | 358 | 39.5 | 398 | 3,133 | 59 |
Aug | 915.5 | 62 | 170N | 359 | 39.5 | 399 | 3,143 | 31 | |
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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