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Cost of importing US wheat in China--4/2/2021

2021-04-02 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 Apr 611 102 262 61 323 2440 -21 6.5809
May 611 90 258 61 319 2408 -32 6.5809
Jun 610.5 60 246 61 307 2327 -44 6.5809
Jul 610.5 60 246 61 307 2327 -44 6.5809
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 Apr 611 102 262 61 323 3019 -27 6.5809
May 611 90 258 61 319 2979 -41 6.5809
Jun 610.5 60 246 61 307 2878 -55 6.5809
Jul 610.5 60 246 61 307 2878 -55 6.5809
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.