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 | 902.75 | 76 | 182N | 360 | 39 | 399 | 3,897 | -29 |
Aug | 908.5 | 70 | 176Q | 360 | 39 | 399 | 3,899 | -33 | |
Oct | 927.5 | 40 | 149X | 355 | 40 | 395 | 3,874 | -34 | |
Soybean, US PNW | Jul | 902.75 | 82 | 145N | 362 | 23 | 385 | 3,765 | -5 |
Soybean, Brazil | Jul | 902.75 | 94 | 178N | 366 | 31 | 397 | 3,141 | -23 |
Aug | 902.75 | 95 | 179N | 367 | 31 | 398 | 3,146 | -25 | |
Sep | 927.5 | 88 | 172X | 373 | 31 | 404 | 3,199 | -25 | |
Feb, 2020 | 947 | 43 | 138H | 364 | 35 | 399 | 3,165 | -25 | |
Mar, 2020 | 947 | 35 | 130H | 361 | 35 | 396 | 3,142 | -26 | |
Apr, 2020 | 952 | 25 | 120K | 359 | 35 | 394 | 3,128 | -23 | |
Soybean, Argentina | Jul | 902.75 | 57 | 165N | 353 | 39.5 | 392 | 3,101 | -32 |
Aug | 902.75 | 62 | 170N | 354 | 39.5 | 394 | 3,118 | -25 | |
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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