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 | 252 | 44 | 296 | 2216 | 2739 |
Mar | 248 | 44 | 292 | 2187 | 2704 | |
Apr | 248 | 44 | 292 | 2191 | 2709 | |
May | 247 | 44 | 291 | 2184 | 2700 | |
Jun | 245 | 44 | 289 | 2180 | 2695 | |
Jul | 244 | 44 | 288 | 2173 | 2686 | |
Corn, PNW | Mar | 261 | 25 | 286 | 2144 | 2650 |
Apr | 262 | 25 | 287 | 2155 | 2664 | |
Jul | 262 | 25 | 287 | 2155 | 2664 | |
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. |