Today is 12/23/2024

Cost of Importing Corn in China--12/29/2020

2020-12-29 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 223 37.5 261 1975 2440 18
Feb 221 37.5 259 1965 2426 18
Mar 217 37.5 255 1939 2394 18
Apr 213 37.5 251 1910 2358 18
May 213 37.5 251 1921 2371 27
Jun 210 37.5 248 1899 2344 9
Jul 210 37.5 248 1899 2344 18
Corn, PNW Apr 231 23 253 1928 2381 18
May 230 23 252 1931 2385 19
Jun 229 23 252 1931 2385 19
Jul 229 23 252 1931 2385 19
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.