Today is 05/19/2024
| Product | Delivery | CBOT | Var. (¢/bu) |
Basis | FOB (USD/tonne) |
Freight (USD/tonne) |
CFR China (USD/tonne) |
Without Additional Tariff (CNY/tonne) | With Additional Tariff (CNY/tonne) |
| Corn, US Gulf | Mar | 542.75 | -7.5 | 72 | 242 | 56 | 298 | 2234 | 2762 |
| Apr | 541.75 | -7.25 | 71 | 241 | 56 | 297 | 2228 | 2755 | |
| May | 541.75 | -7.25 | 71 | 241 | 56 | 297 | 2243 | 2773 | |
| Jun | 533 | -6 | 79 | 241 | 56 | 297 | 2241 | 2770 | |
| Jul | 533 | -6 | 79 | 241 | 56 | 297 | 2254 | 2787 | |
| 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. |
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