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Cost of importing US wheat in China--3/30/2021

2021-03-30 www.cofeed.com
Product Delivery CBOT Premium FOB (USD/tonne) Freight (USD/tonne) CFR China (USD/tonne) Duty Paid (CNY/tonne) Var. (CNY/tonne) Exchange Rate
Wheat,          U.S. Gulf Mar 616.75 102 264 62 326 2466 20 6.5899
Apr 616.75 102 264 62 326 2472 21 6.6076
May 616.75 92 260 62 322 2451 21 6.6232
Jun 612 61 247 62 309 2372 18 6.6721
Jul 612 61 247 62 309 2372 18 6.6721
1. Duty-paid prices in this table is under the tariff exemption, and includes a port surcharge of 100 CNY.
2. The freight is subject to change and for reference only!
3. The tariff for U.S. wheat is 1% within the import quota.

 

 

Commodity Delivery CBOT Premium FOB (USD/tonne) Freight (USD/tonne) CFR China (USD/tonne) Duty Paid (CNY/tonne) Var. (CNY/tonne) Exchange Rate
Wheat,         U.S. Gulf Mar 616.75 102 264 62 326 3051 25 6.5899
Apr 616.75 102 264 62 326 3059 26 6.6076
May 616.75 92 260 62 322 3033 26 6.6232
Jun 612 61 247 62 309 2934 23 6.6721
Jul 612 61 247 62 309 2934 23 6.6721
1. Duty-paid price in this table is calculated with additional tariffs, and includes a port surcharge of 100 CNY.
2. The freight is subject to change and for reference only!
3. There is an additional 25% import tariff on U.S. wheat from July 6, 2018.