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. |