Today is 12/23/2024

Cost of Importing Corn in China--12/21/2020

2020-12-21 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)
Corn, US Gulf Jan 219 37.5 257 1951 2409
Feb 214 37.5 252 1918 2368
Mar 212 37.5 250 1907 2354
Apr 206 37.5 244 1863 2300
May 206 37.5 244 1873 2312
Jun 205 37.5 243 1866 2303
Jul 204 37.5 242 1859 2294
Corn, PNW Mar 225 23 248 1896 2340
Apr 224 23 247 1889 2331
May 224 23 247 1899 2344
Jun 224 23 247 1899 2344
Jul 224 23 247 1899 2344
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.