Today is 11/18/2024

Cost of Importing Corn in China--2/4/2021

2021-02-04 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 260 45 305 2285 2825 37
Apr 253 45 298 2234 2763 28
May 252 45 297 2227 2754 28
Jun 245 45 290 2190 2707 10
Jul 244 45 289 2183 2698 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.