Today is 12/22/2024

Cost of Importing Corn in China--1/28/2021

2021-01-28 www.cofeed.com
  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 255 44 299 2248 2780 19
Mar 254 44 298 2246 2778 20
Apr 247 44 291 2196 2715 20
May 247 44 291 2208 2730 38
Jun 242 44 286 2172 2684 10
Jul 242 44 286 2172 2684 19
Corn, PNW May 264 25 289 2193 2712 83
Jun 260 25 285 2164 2675 64
Jul 260 25 285 2164 2675 64
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.