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Cost of importing US wheat in China--4/19/2021

2021-04-19 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 652.5 97 275 57 332 2493 -2 6.5398
May 652.5 95 275 57 332 2488 -2 6.5398
Jun 655 65 265 57 322 2415 0 6.5398
Jul 655 65 265 57 322 2415 0 6.5398
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 652.5 97 275 57 332 3085 -3 6.5398
May 652.5 95 275 57 332 3079 -3 6.5398
Jun 655 65 265 57 322 2988 0 6.5398
Jul 655 65 265 57 322 2988 0 6.5398
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.