Get started

Final decision on open consultation on methodology review for soybean CFR China (US Gulf)

Fastmarkets invited feedback from the industry on the pricing methodology for AG-SYB-0005 soybean CFR China (US Gulf) and AG-SYB-0006 Soybean CFR China (US Gulf) Premium via an open consultation process between June 5 and July 3, 2025.

July 3, 2025
By Eduardo Tinti
Agriculture China Pricing notice Soy United States

This consultation was done as an adhoc methodology review process, aiming to better reflect the physical market under indexation, considering its reduced liquidity linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China.

No feedback was received during the consultation period and therefore Fastmarkets will implement the changes proposed, assessing AG-SYB-0005 Soybean CFR China (US Gulf) and AG-SYB-0006 Soybean CFR China (US Gulf) Premium based on its assessments for AG-SYB-0020 Soybean FOB US Gulf and AG-SYB-0021 Soybean FOB US Gulf Premium, freight costs for the US Gulf-China route and current effective Chinese tariffs on US soybean imports.

Material changes to Fastmarkets’ methodology linked to this open consultation will be effective from July 17.

This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodology for global soybeans here https://www.fastmarkets.com/methodology.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Correction to rationale of copper concentrates TC index, cif Asia Pacific
The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific had erroneously stated that “The copper VIU was $0.18/t on May 1, up from $0.94/t on April 17.” This has been corrected to “The copper VIU was $0.18/t on May 1, down from $0.94/t on April 17.” The published price is unaffected by this change. These prices […]
May 6, 2026
 · 
By Fastmarkets pricing team
Pricing Notice
Fastmarkets to discontinue three European seamless and welded tube and pipe prices
Fastmarkets will discontinue three European seamless and welded tube and pipe prices from May 13, 2026.This is due to very limited activity in these markets, meaning there is insufficient data to continue pricing them.
May 6, 2026
 · 
By Fastmarkets pricing team
Hotter Commodities Critical Minerals
How Project Vault is being built: Hotter Commodities
A new US-backed structure is attempting to turn critical minerals inventory from a cost burden into a strategic asset. Project Vault combines pooled demand, private governance and capped-return financing to create a shared supply buffer—and potentially the first steps toward price discovery in fragmented markets.
May 6, 2026
 · 
By Andrea Hotter
End of open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports and European high carbon ferro-chrome price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-chrome 50% Cr import, cif main Chinese ports, and European high carbon ferro-chrome, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-tungsten basis 75% W, in-whs dup Rotterdam, and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $ per lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $ per lb, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team