Today is 12/23/2024

Cost of Importing Corn in China--12/15/2020

2020-12-15 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 1956 2415 7
Feb 212 39 251 1916 2365 7
Mar 208 39 247 1890 2333 7
Apr 202 39 241 1846 2279 16
May 202 39 241 1856 2291 16
Jun 200 39 239 1842 2273 7
Jul 199 39 238 1834 2264 7
Corn, PNW Mar 224 23 247 1890 2333 7
Apr 221 23 244 1868 2306 7
May 219 23 242 1864 2300 7
Jun 220 23 243 1871 2309 7
Jul 220 23 243 1871 2309 7
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.