Today is 11/17/2024

Cost of Importing Corn in China--3/5/2021

2021-03-05 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 249 55 304 2285 2825 -4
Apr 243 55 298 2241 2771 -4
May 243 55 298 2256 2789 -4
Jun 242 55 297 2248 2780 -13
Jul 242 55 297 2248 2780 -13
Corn, PNW Jun 266 31 297 2248 2780 -4
Jul 264 31 295 2234 2762 -4
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.