Today is 11/16/2024

Cost of Importing Corn in China--3/18/2021

2021-03-18 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 Apr 251 56 307 2311 2858 18
May 250 56 306 2318 2868 18
Jun 249 56 305 2311 2858 9
Jul 248 56 304 2304 2849 9
Sept 232 56 288 2201 2721 9
Oct 233 52 285 2179 2694 0
Nov 231 52 283 2165 2676 0
Dec 231 52 283 2165 2676 0
Corn, PNW May 270 32 302 2289 2831 18
Jun 269 32 301 2282 2822 18
Jul 270 32 302 2289 2831 18
Oct 257 30 287 2194 2712 0
Nov 259 30 289 2208 2730 0
Dec 259 30 289 2208 2730 0
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.