Today is 03/28/2024

Cost of Importing Corn in China--1/21/2021

2021-01-21 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 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.