Today is 12/23/2024

Cost of Importing Corn in China--12/11/2020

2020-12-11 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 215 39 254 1930 2383 -49
Feb 213 39 252 1920 2370 -4
Mar 208 39 247 1886 2328 -14
Apr 201 39 240 1836 2265 -5
May 201 39 240 1836 2265 -17
Jun 199 39 238 1831 2259 -14
Jul 199 39 238 1831 2259 -5
Corn, PNW Mar 223 23 246 1879 2319 -14
Apr 220 23 243 1857 2292 -14
May 219 23 242 1850 2283 -17
Jun 219 23 242 1860 2296 -4
Jul 219 23 242 1860 2296 -4
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.