Today is 04/21/2025

Cost of Importing Corn in China--12/2/2020

2020-12-02 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 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.