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 | 908.75 | 65 | 171Q | 358 | 39 | 397 | 3,886 | -31 |
Aug | 908.75 | 58 | 164Q | 355 | 39 | 394 | 3,866 | -54 | |
Sep | 926.5 | 37 | 143X | 354 | 39 | 393 | 3,860 | ||
Oct | 926.5 | 48 | 157X | 358 | 40 | 398 | 3,908 | 17 | |
Soybean, US PNW | Jul | 903.5 | 70 | 133N | 358 | 23 | 381 | 3,732 | -53 |
Soybean, Brazil | Jul | 903.5 | 95 | 181N | 367 | 31.5 | 398 | 3,155 | 6 |
Aug | 908.75 | 104 | 190Q | 372 | 31.5 | 404 | 3,200 | 40 | |
Sep | 926.5 | 92 | 178X | 374 | 31.5 | 406 | 3,220 | 7 | |
Feb, 2020 | 944.25 | 45 | 140H | 363 | 35 | 398 | 3,167 | -11 | |
Mar, 2020 | 944.25 | 42 | 137H | 362 | 35 | 397 | 3,158 | 3 | |
Apr, 2020 | 949.5 | 33 | 128K | 361 | 35 | 396 | 3,147 | 5 | |
Soybean, Argentina | Jul | 903.5 | 50 | 158N | 350 | 39.5 | 390 | 3,089 | -29 |
Aug | 908.75 | 52 | 160Q | 353 | 39.5 | 392 | 3,114 | -21 | |
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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