Today is 12/23/2024

Cost of Importing Corn in China--12/14/2020

2020-12-14 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 218 39 257 1950 2408 25
Feb 212 39 251 1910 2358 -12
Mar 208 39 247 1884 2326 -2
Apr 201 39 240 1833 2263 -2
May 201 39 240 1844 2275 10
Jun 200 39 239 1836 2266 7
Jul 199 39 238 1829 2257 -2
Corn, PNW Mar 224 23 247 1884 2326 7
Apr 221 23 244 1862 2299 7
May 219 23 242 1858 2293 10
Jun 220 23 243 1865 2302 6
Jul 220 23 243 1865 2302 6
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.