Today is 12/23/2024

Cost of Importing Corn in China--11/19/2020

2020-11-19 www.cofeed.com
Product Delivery FOB
(USD/tonne)
Freight
(USD/tonne)
CFR China
(USD/tonne) 
Without Additional Tariff (CNY/tonne) With Additional Tariff (CNY/tonne) Var.
(CNY/tonne)
Corn, US Gulf Jan 225 38 263 2004 2476 19
Feb 219 38 257 1964 2426 18
Corn, PNW Mar 232 22 254 1946 2403  
Apr 226 22 248 1907 2354  
May 222 22 244 1889 2332  
Remarks: 1. Duty-paid prices include 100 yuan of port surcharges, which is just for reference.
2. Imported US corn is imposed with 25% of additional tariffs since July 6th, 2019;
and the tariffs were raised higher by 10% since December 16th, 2019, which is temporarily not imposed now.