Today is 12/23/2024

Cost of Importing Corn in China--1/5/2021

2021-01-05 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 236 37.5 274 2045 2526 -38
Feb 229 37.5 267 1998 2468 -64
Mar 226 37.5 264 1979 2445 -39
Apr 224 37.5 262 1965 2427 -21
May 224 37.5 262 1975 2439 -5
Jun 221 37.5 259 1953 2412 -5
Jul 221 37.5 259 1953 2412 -5
Aug 208 37.5 246 1869 2307  
Sept 208 37.5 246 1869 2307  
Corn, PNW Feb 244 23 267 2002 2473 -1
Mar 244 23 267 2004 2476 -4
Apr 242 23 264 1983 2449 -4
May 241 23 263 1985 2452 4
Jun 240 23 263 1985 2452 4
Jul 240 23 263 1985 2452 4
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.