Today is 05/20/2024

Cost of Importing Corn in China--2/9/2021

2021-02-09 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 267 45 312 2327 2878 48
Apr 258 45 303 2263 2798 48
May 257 45 302 2256 2789 48
Jun 249 45 294 2212 2735 31
Jul 248 45 293 2205 2726 31
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.