Today is 11/17/2024

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

2021-03-03 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 55 309 2313 2861 30
Apr 248 55 303 2270 2807 3
May 248 55 303 2284 2825 12
Jun 247 55 302 2277 2816 12
Jul 247 55 302 2277 2816 12
Corn, PNW Jun 270 31 301 2270 2807  
Jul 268 31 299 2255 2789  
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.