Today is 12/23/2024

Cost of Importing Corn in China--1/4/2021

2021-01-04 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 240 37.5 278 2075 2564 10
Feb 236 37.5 274 2050 2532 10
Mar 230 37.5 268 2011 2484 10
Apr 226 37.5 264 1982 2448 10
May 224 37.5 262 1979 2444 12
Jun 221 37.5 259 1957 2417 12
Jul 221 37.5 259 1957 2417 12
Corn, PNW Feb 244 23 267 2003 2474 10
Mar 244 23 267 2007 2480 11
Apr 241 23 264 1986 2453 11
May 241 23 262 1982 2448 2
Jun 239 23 262 1982 2448 2
Jul 239 23 262 1982 2448 2
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.