Today is 11/18/2024

Cost of Importing Corn in China--1/29/2021

2021-01-29 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 254 44 298 2233 2761 -19
Mar 253 44 297 2231 2758 -20
Apr 247 44 291 2188 2705 -10
May 247 44 291 2199 2719 -11
Jun 242 44 286 2163 2674 -10
Jul 242 44 286 2163 2674 -10
Corn, PNW May 264 25 289 2185 2701 -11
Jun 260 25 285 2156 2665 -10
Jul 260 25 285 2156 2665 -10
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.