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 | 883 | 48 | 184X | 342 | 50 | 392 | 3,941 | 65 |
Sep | 883 | 43 | 176X | 340 | 49 | 389 | 3,917 | 64 | |
Oct | 883 | 48 | 173X | 342 | 49 | 391 | 3,931 | 55 | |
Soybean, US PNW |
Aug | 883 | 78 | 151X | 353 | 27 | 380 | 3,823 | 65 |
Soybean, Brazil | Sep | 883 | 122 | 220X | 369 | 37 | 406 | 3,303 | 52 |
Oct | 883 | 130 | 228X | 372 | 36 | 408 | 3,315 | 44 | |
Nov | 883 | 142 | 240X | 377 | 36 | 413 | 3,350 | 45 | |
Feb, 2020 | 907.5 | 55 | 156H | 354 | 37 | 391 | 3,188 | 49 | |
Mar, 2020 | 907.5 | 47 | 150H | 351 | 38 | 389 | 3,173 | 50 | |
Apr, 2020 | 918.5 | 45 | 146K | 354 | 37 | 391 | 3,191 | 49 | |
May, 2020 | 918.5 | 48 | 149K | 355 | 37 | 392 | 3,200 | 49 | |
Soybean, Argentina | Sep | 883 | 48 | 179X | 342 | 48 | 390 | 3,175 | 52 |
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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