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 | 254 | 61 | 315 | 2382 | 2947 |
May | 253 | 61 | 314 | 2375 | 2938 | |
Jun | 251 | 61 | 312 | 2377 | 2940 | |
Jul | 251 | 61 | 312 | 2377 | 2940 | |
Aug | 231 | 61 | 292 | 2231 | 2758 | |
Sept | 231 | 61 | 292 | 2245 | 2777 | |
Oct | 231 | 55 | 286 | 2201 | 2722 | |
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. |