Today is 12/23/2024

Cost of Importing Corn in China--1/8/2021

2021-01-08 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 Feb 238 37.5 276 2063 2549
Mar 235 37.5 273 2044 2525
Apr 232 37.5 270 2026 2502
May 230 37.5 268 2011 2485
Jun 226 37.5 264 1991 2460
Jul 226 37.5 264 1991 2460
Aug 221 37.5 259 1956 2415
Corn, PNW Mar 248 25 273 2048 2530
Apr 248 25 271 2036 2516
May 246 25 271 2036 2516
Jun 246 25 271 2045 2527
Jul 246 25 271 2045 2527
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.