Today is 05/07/2024

Cost of Importing Corn in China--2/19/2021

2021-02-19 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 262 45 307 2294 2838 -11
Apr 253 45 298 2230 2757 -12
May 253 45 298 2230 2757 6
Jun 246 45 291 2194 2712 7
Jul 245 45 290 2186 2703 7
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.