Today is 12/23/2024

Cost of Importing Corn in China--12/28/2020

2020-12-28 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)
Corn, US Gulf Jan 221 37.5 259 1961 2422
Feb 219 37.5 257 1950 2408
Mar 215 37.5 253 1925 2376
Apr 211 37.5 249 1896 2340
May 210 37.5 248 1899 2344
Jun 209 37.5 247 1891 2335
Jul 208 37.5 246 1884 2326
Corn, PNW Apr 229 23 251 1914 2363
May 228 23 250 1917 2366
Jun 227 23 250 1917 2366
Jul 227 23 250 1917 2366
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.