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 | -28 |
Aug | 882.5 | 64 | 192Q | 348 | 47 | 395 | 3,866 | -29 | |
Sep | 899.75 | 44 | 172X | 347 | 47 | 394 | 3,858 | -29 | |
Oct | 899.75 | 48 | 173X | 348 | 46 | 394 | 3,863 | -28 | |
Soybean, US PNW | Sep | 899.75 | 95 | 168X | 365 | 27 | 392 | 3,846 | |
Oct | 899.75 | 97 | 170X | 366 | 27 | 393 | 3,853 | ||
Soybean, Brazil | Aug | 882.5 | 84 | 190Q | 355 | 39 | 394 | 3,122 | -25 |
Sep | 887.75 | 92 | 191U | 360 | 36.5 | 396 | 3,141 | -23 | |
Feb, 2020 | 924.5 | 50 | 151H | 358 | 37 | 395 | 3,135 | -18 | |
Mar, 2020 | 924.5 | 43 | 144H | 355 | 37 | 392 | 3,116 | -17 | |
Apr, 2020 | 934.5 | 38 | 139K | 357 | 37 | 394 | 3,130 | -16 | |
May, 2020 | 934.5 | 43 | 144K | 359 | 37 | 396 | 3,144 | -16 | |
Soybean, Argentina | Aug | 882.5 | 30 | 164Q | 335 | 48 | 383 | 3,037 | -33 |
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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