Cost of importing US wheat in China--4/1/2021

2021-04-01 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	618	102	265	61	326	2461	36	6.5877
	Apr	618	100	264	61	325	2461	36	6.6033
	May	618	90	260	61	321	2441	36	6.6201
	Jun	615.75	60	248	61	309	2371	36	6.67
	Jul	615.75	60	248	61	309	2371	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.

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	618	102	265	61	326	3045	45	6.5877
	Apr	618	100	264	61	325	3046	45	6.6033
	May	618	90	260	61	321	3020	45	6.6201
	Jun	615.75	60	248	61	309	2933	45	6.67
	Jul	615.75	60	248	61	309	2933	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.

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