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Cost of importing US wheat in China--3/31/2021

2021-03-31 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 601.75 102 259 62 321 2425 -41 6.5877
Apr 601.75 100 258 62 320 2425 -47 6.6033
May 601.75 90 254 62 316 2404 -47 6.6201
Jun 599.75 60 242 62 304 2335 -36 6.67
Jul 599.75 60 242 62 304 2335 -36 6.67
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 601.75 102 259 62 321 3000 -51 6.5877
Apr 601.75 100 258 62 320 3001 -59 6.6033
May 601.75 90 254 62 316 2975 -58 6.6201
Jun 599.75 60 242 62 304 2889 -45 6.67
Jul 599.75 60 242 62 304 2889 -45 6.67
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.