Today is 11/17/2024

Cost of Importing Corn in China--2/25/2021

2021-02-25 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 254 54 308 2303 2848 17
Apr 255 54 309 2310 2857 17
May 255 54 309 2325 2875 17
Jun 254 54 308 2317 2866 -1
Jul 254 54 308 2317 2866 8
Corn, PNW Jun 276 31 307 2310 2857  
Jul 276 31 307 2310 2857  
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.