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Cost of importing US wheat in China--4/13/2021

2021-04-13 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 95 266 57 323 2432 -42 6.5654
May 628 90 264 57 321 2419 -42 6.5654
Jun 631.25 62 255 57 312 2353 -38 6.5654
Jul 631.25 65 256 57 313 2361 -38 6.5654
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 95 266 57 323 3009 -53 6.5654
May 628 90 264 57 321 2993 -53 6.5654
Jun 631.25 62 255 57 312 2911 -47 6.5654
Jul 631.25 65 256 57 313 2921 -47 6.5654
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.