Today is 11/16/2024

Cost of Importing Corn in China--3/16/2021

2021-03-16 www.cofeed.com
  Delivery FOB
(USD/tonne)
Freight
(USD/tonne)
CFR China
(USD/tonne) 
Without Additional Tariff (CNY/tonne) With Additional Tariff (CNY/tonne)
Corn, US Gulf Apr 249 56 305 2296 2840
May 248 56 304 2304 2849
Jun 248 56 304 2304 2849
Jul 247 56 303 2297 2840
Sept 231 56 287 2194 2712
Oct 233 52 285 2179 2694
Nov 231 52 283 2165 2676
Dec 231 52 283 2165 2676
Corn, PNW May 268 32 300 2275 2813
Jun 267 32 299 2268 2804
Jul 268 32 300 2275 2813
Oct 257 30 287 2194 2712
Nov 259 30 289 2208 2730
Dec 259 30 289 2208 2730
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.