Today is 12/23/2024

Cost of Importing Corn in China--12/9/2020

2020-12-09 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 219 39 258 1955 2414 -13
Feb 212 39 251 1909 2357 -39
Mar 207 39 246 1875 2315 -14
Apr 200 39 239 1825 2252 -22
May 200 39 239 1835 2265 -15
Jun 198 39 237 1821 2247 -24
Jul 198 39 237 1821 2247 4
Corn, PNW Mar 223 28 251 1911 2360 40
Apr 219 28 247 1883 2324 22
May 218 28 246 1886 2328 30
Jun 218 28 246 1886 2328 30
Jul 218 28 246 1886 2328 58
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.