Today is 11/18/2024

Cost of Importing Corn in China--2/3/2021

2021-02-03 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 Mar 256 45 301 2255 2788 -15
Apr 250 45 295 2212 2735 -20
May 249 45 294 2205 2726 -29
Jun 244 45 289 2182 2697 -28
Jul 243 45 288 2175 2688 -37
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.