Today is 11/17/2024

Cost of Importing Corn in China--3/4/2021

2021-03-04 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 250 55 305 2287 2829 -32
Apr 244 55 299 2244 2775 -32
May 244 55 299 2259 2793 -32
Jun 244 55 299 2259 2793 -23
Jul 244 55 299 2259 2793 -23
Corn, PNW Jun 267 31 298 2252 2784 -23
Jul 265 31 296 2237 2766 -23
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.