Today is 11/18/2024

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

2021-02-02 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 259 45 304 2274 2812 18
Mar 258 45 303 2267 2803 18
Apr 252 45 297 2229 2755 18
May 252 45 297 2229 2755 9
Jun 247 45 292 2204 2725 18
Jul 247 45 292 2204 2725 18
Corn, PNW May 271 25 296 2221 2746 48
Jun 268 25 293 2212 2734 36
Jul 267 25 292 2204 2725 27
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.