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 | 261 | 60.5 | 322 | 2420 | 2995 |
May | 260 | 60.5 | 321 | 2413 | 2986 | |
Jun | 258 | 60.5 | 319 | 2399 | 2968 | |
Jul | 258 | 60.5 | 319 | 2399 | 2968 | |
Aug | 236 | 60.5 | 297 | 2240 | 2770 | |
Sept | 236 | 60.5 | 297 | 2240 | 2770 | |
Oct | 240 | 55 | 295 | 2229 | 2756 | |
Nov | 238 | 55 | 293 | 2215 | 2738 | |
Dec | 238 | 55 | 293 | 2215 | 2738 | |
Corn, PNW | Jul | 280 | 34.5 | 315 | 2370 | 2932 |
Aug | 263 | 34.5 | 298 | 2247 | 2779 | |
Oct | 264 | 30 | 294 | 2222 | 2747 | |
Oct | 266 | 30 | 296 | 2236 | 2765 | |
Oct | 266 | 30 | 296 | 2236 | 2765 | |
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. |