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Cost of importing US wheat in China--4/9/2021

2021-04-09 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 628.75 95 266 60.5 326 2459 15 6.5644
May 628.75 90 264 60.5 325 2446 34 6.5644
Jun 630.5 62 254 60.5 315 2376 45 6.5644
Jul 630.5 65 256 60.5 316 2384 47 6.5644
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 628.75 95 266 60.5 326 3043 19 6.5644
May 628.75 90 264 60.5 325 3026 43 6.5644
Jun 630.5 62 254 60.5 315 2939 56 6.5644
Jul 630.5 65 256 60.5 316 2949 59 6.5644
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.