Today is 12/23/2024

Cost of Importing Corn in China--12/31/2020

2020-12-31 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 236 37.5 274 2067 2554
Feb 232 37.5 270 2042 2522
Mar 226 37.5 264 2003 2474
Apr 222 37.5 260 1974 2438
May 220 37.5 258 1969 2432
Jun 217 37.5 255 1948 2405
Jul 217 37.5 255 1948 2405
Corn, PNW Feb 240 37.5 278 2099 2594
Mar 240 37.5 278 2104 2600
Apr 238 23 260 1977 2442
May 237 23 259 1980 2446
Jun 236 23 259 1980 2446
Jul 236 23 259 1980 2446
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.