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 | 1965 | 2427 |
Feb | 215 | 37.5 | 253 | 1924 | 2376 | |
Mar | 207 | 37.5 | 245 | 1870 | 2308 | |
Apr | 201 | 37.5 | 239 | 1830 | 2259 | |
May | 200 | 37.5 | 238 | 1834 | 2263 | |
Jun | 199 | 37.5 | 237 | 1838 | 2268 | |
Corn, PNW | Mar | 223 | 24 | 247 | 1892 | 2335 |
Apr | 220 | 24 | 244 | 1882 | 2323 | |
May | 218 | 24 | 242 | 1878 | 2318 | |
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. |