Today is 12/23/2024

Cost of Importing Corn in China--12/23/2020

2020-12-23 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 218 37.5 256 1941 2397
Feb 216 37.5 254 1931 2384
Mar 212 37.5 250 1905 2351
Apr 208 37.5 246 1876 2315
May 207 37.5 245 1878 2318
Jun 206 37.5 244 1871 2309
Jul 206 37.5 244 1871 2309
Corn, PNW Apr 225 23 248 1894 2338
May 225 23 248 1904 2350
Jun 225 23 247 1896 2341
Jul 224 23 247 1896 2341
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.