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. |