Today is 11/17/2024

Cost of Importing Corn in China--3/1/2021

2021-03-01 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 253 54 307 2300 2844 -4
Apr 250 54 304 2278 2818 -39
May 250 54 304 2293 2835 -40
Jun 249 54 303 2285 2826 -40
Jul 249 54 303 2285 2826 -40
Corn, PNW Jun 272 31 303 2285 2826 -31
Jul 270 31 301 2271 2808 -49
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.