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 | 876 | 67 | 176Q | 346 | 40 | 386 | 3,791 | -39 |
Aug | 876 | 58 | 167Q | 343 | 40 | 383 | 3,761 | -36 | |
Sep | 894.5 | 48 | 157X | 346 | 40 | 386 | 3,793 | -30 | |
Oct | 894.5 | 50 | 159X | 347 | 40 | 387 | 3,800 | -40 | |
Soybean, US PNW | Aug | 876 | 72 | 135Q | 348 | 23 | 371 | 3,647 | -39 |
Soybean, Brazil | Aug | 876 | 100 | 191Q | 359 | 33.5 | 392 | 3,111 | -15 |
Sep | 882.25 | 103 | 194U | 362 | 33.5 | 395 | 3,139 | -16 | |
Feb, 2020 | 915.25 | 51 | 149H | 355 | 36 | 391 | 3,107 | -21 | |
Mar, 2020 | 915.25 | 43 | 141H | 352 | 36 | 388 | 3,084 | -12 | |
Apr, 2020 | 924.75 | 35 | 133K | 353 | 36 | 389 | 3,089 | -22 | |
Soybean, Argentina | Aug | 876 | 39 | 148Q | 336 | 40 | 376 | 2,988 | -58 |
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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