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Cost of Importing Corn in China--2/8/2021

2021-02-08 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 261 45 306 2288 2830 8
Apr 252 45 297 2224 2750 -9
May 251 45 296 2217 2741 -9
Jun 245 45 290 2187 2704 -9
Jul 244 45 289 2180 2695 -9
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.