Today is 12/22/2024

Cost of Importing Corn in China--1/26/2021

2021-01-26 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) Var.
(CNY/tonne)
Corn, US Gulf Feb 248 44 292 2188 2705  
Mar 248 44 292 2193 2711  
Apr 240 44 284 2135 2639  
May 239 44 283 2132 2635  
Jun 236 44 280 2111 2609  
Jul 235 44 279 2115 2614  
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.