Today is 12/23/2024

Cost of Importing Corn in China--1/12/2021

2021-01-12 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 237 37.5 275 2056 2541
Mar 233 37.5 271 2031 2509
Apr 231 37.5 269 2020 2495
May 231 37.5 269 2020 2495
Jun 228 37.5 266 2007 2479
Jul 227 37.5 265 2000 2470
Corn, PNW Feb 247 25 272 2039 2518
Mar 245 25 270 2027 2504
Apr 245 25 270 2030 2508
Jul 245 25 270 2030 2508
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.