Today is 12/23/2024

Cost of Importing Corn in China--12/10/2020

2020-12-10 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 220 39 259 1970 2432 18
Feb 213 39 252 1923 2374 17
Mar 209 39 248 1897 2342 27
Apr 201 39 240 1839 2270 18
May 201 39 240 1849 2282 17
Jun 200 39 239 1842 2273 26
Jul 199 39 238 1834 2264 17
Corn, PNW Mar 224 28 252 1926 2379 19
Apr 221 28 249 1905 2351 27
May 219 28 247 1900 2345 17
Jun 219 28 247 1900 2345 17
Jul 219 28 247 1900 2345 17
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.