Product | Delivery | CBOT | Basis | FOB | Freight | CNF China | CIF China | Var. | |
FOB | CNF | USD/mT | USD/mT | USD/mT | RMB/mT | ||||
Soybean, US Gulf | Aug | 864 | 55 | 191Q | 338 | 50 | 388 | 3,814 | -74 |
Sep | 881.5 | 45 | 178X | 340 | 49 | 389 | 3,832 | -44 | |
Oct | 881.5 | 45 | 170X | 340 | 46 | 386 | 3,805 | -51 | |
Soybean, US PNW | Sep | 881.5 | 95 | 168X | 359 | 27 | 386 | 3,797 | -44 |
Oct | 881.5 | 97 | 170X | 360 | 27 | 387 | 3,806 | -44 | |
Soybean, Brazil | Aug | 869 | 92 | 195U | 353 | 39 | 392 | 3,119 | -10 |
Sep | 869 | 102 | 200U | 357 | 36.5 | 393 | 3,129 | -7 | |
Feb, 2020 | 908.5 | 50 | 151H | 352 | 37 | 389 | 3,104 | -31 | |
Mar, 2020 | 908.5 | 40 | 143H | 348 | 38 | 386 | 3,083 | -31 | |
Apr, 2020 | 920.5 | 37 | 138K | 352 | 37 | 389 | 3,101 | -29 | |
May, 2020 | 920.5 | 43 | 144K | 354 | 37 | 391 | 3,118 | -29 | |
Soybean, Argentina | Sep | 869 | 44 | 178U | 335 | 48 | 383 | 3,053 | |
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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