Today is 04/29/2024

Cost of Importing Corn in China--4/2/2021

2021-04-02 www.cofeed.com
  Delivery FOB
(USD/tonne)
Freight
(USD/tonne)
CFR China
(USD/tonne) 
Without Additional Tariff (CNY/tonne) With Additional Tariff (CNY/tonne) Var.
(CNY/tonne)
Corn, US Gulf Apr 253 61 314 2386 2952 5
May 254 61 315 2393 2961 23
Jun 251 61 312 2388 2955 14
Jul 251 61 312 2388 2955 14
Aug 235 61 296 2271 2808 50
Sept 235 61 296 2285 2826 50
Oct 236 55 291 2249 2780 59
Nov 234 55 289 2234 2762  
Dec 234 55 289 2234 2762  
Corn, PNW Jul 277 35 312 2388 2955  
Oct 260 33 293 2263 2799  
Oct 262 33 295 2278 2817  
Oct 262 33 295 2278 2817  
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.