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 | 882.5 | 67 | 198Q | 349 | 48 | 397 | 3,885 | -20 |
Aug | 882.5 | 64 | 192Q | 348 | 47 | 395 | 3,866 | -20 | |
Sep | 900.5 | 46 | 174X | 348 | 47 | 395 | 3,868 | -21 | |
Oct | 900.5 | 50 | 175X | 349 | 46 | 395 | 3,872 | -21 | |
Soybean, US PNW | Aug | 882.5 | 85 | 158Q | 355 | 27 | 382 | 3,748 | -13 |
Soybean, Brazil | Aug | 882.5 | 83 | 189Q | 355 | 39 | 394 | 3,119 | -8 |
Sep | 888.25 | 90 | 193U | 359 | 38 | 397 | 3,148 | -10 | |
Feb, 2020 | 922.5 | 50 | 156H | 357 | 39 | 396 | 3,145 | -16 | |
Mar, 2020 | 922.5 | 46 | 152H | 356 | 39 | 395 | 3,134 | -16 | |
Apr, 2020 | 931 | 42 | 152K | 357 | 39 | 396 | 3,146 | -16 | |
May, 2020 | 931 | 45 | 151K | 359 | 39 | 398 | 3,155 | -16 | |
Soybean, Argentina | Aug | 882.5 | 35 | 166Q | 337 | 48 | 385 | 3,052 | -16 |
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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