Today is 12/22/2024

Cost of Importing Corn in China--2/1/2021

2021-02-01 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 258 44 302 2259 2794 33
Mar 257 44 301 2252 2785 27
Apr 251 44 295 2214 2737 32
May 252 44 296 2221 2746 27
Jun 246 44 290 2189 2707 33
Jul 246 44 290 2189 2707 33
Corn, PNW May 269 25 294 2206 2728 27
Jun 264 25 289 2182 2698 33
Jul 264 25 289 2182 2698 33
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.