Today is 12/23/2024

Cost of Importing Corn in China--12/16/2020

2020-12-16 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 -7
Feb 213 39 252 1917 2367 2
Mar 209 39 248 1891 2335 2
Apr 202 39 241 1841 2272 -7
May 202 39 241 1850 2283 -8
Jun 200 39 239 1836 2265 -8
Jul 199 39 238 1828 2256 -8
Corn, PNW Mar 224 23 247 1884 2326 -7
Apr 222 23 245 1870 2308 2
May 220 23 243 1865 2302 2
Jun 220 23 243 1865 2302 -7
Jul 220 23 243 1865 2302 -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.