Today is 05/20/2024

Cost of Importing Corn in China--2/18/2021

2021-02-18 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 263 45 308 2304 2849 -2
Apr 254 45 299 2239 2769 -2
May 252 45 297 2225 2751 -11
Jun 245 45 290 2188 2705 -3
Jul 244 45 289 2181 2696 -3
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.