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Cost of importing US wheat in China--4/16/2021

2021-04-16 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 653.75 97 276 56.5 332 2495 16 6.5468
May 653.75 95 275 56.5 332 2490 10 6.5468
Jun 655.5 65 265 56.5 321 2415 9 6.5468
Jul 655.5 65 265 56.5 321 2415 9 6.5468
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 653.75 97 276 56.5 332 3088 19 6.5468
May 653.75 95 275 56.5 332 3082 13 6.5468
Jun 655.5 65 265 56.5 321 2988 11 6.5468
Jul 655.5 65 265 56.5 321 2988 11 6.5468
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.