Today is 04/21/2025

Cost of Importing Corn in China--12/3/2020

2020-12-03 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 222 37.5 260 1975 2439 12
Feb 216 37.5 254 1932 2385 9
Mar 208 37.5 246 1878 2318 10
Apr 202 37.5 240 1838 2269 10
May 201 37.5 239 1842 2273 10
Jun 200 37.5 238 1845 2278 10
Corn, PNW Mar 224 24 248 1900 2345 10
Apr 221 24 245 1890 2333 10
May 219 24 243 1886 2328 10
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.