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 | 850.25 | 48 | 184Q | 330 | 50 | 380 | 3,833 | 62 |
Sep | 868.5 | 43 | 176X | 335 | 49 | 384 | 3,875 | 80 | |
Oct | 868.5 | 45 | 170X | 336 | 46 | 382 | 3,851 | 79 | |
Soybean, US PNW | Aug | 868.5 | 73 | 146X | 346 | 27 | 373 | 3,767 | |
Soybean, Brazil | Aug | 855.75 | 112 | 215U | 356 | 39 | 395 | 3,216 | 92 |
Sep | 855.75 | 118 | 216U | 358 | 36.5 | 394 | 3,217 | 72 | |
Feb, 2020 | 894.25 | 55 | 156H | 349 | 37 | 386 | 3,157 | 81 | |
Mar, 2020 | 894.25 | 45 | 148H | 345 | 38 | 383 | 3,136 | 81 | |
Apr, 2020 | 905.75 | 40 | 141K | 347 | 37 | 384 | 3,147 | 74 | |
May, 2020 | 905.75 | 43 | 144K | 349 | 37 | 386 | 3,156 | 66 | |
Soybean, Argentina | Sep | 855.75 | 48 | 179U | 332 | 48 | 380 | 3,103 | 83 |
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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