Importing a ton of high-quality corn from the United States to China Port can be calculated as follows: Cost accounting reference: The total cost of imported goods should be the sum of the following six items.

1. RMB cost = foreign exchange quotation x foreign exchange RMB exchange rate of the day;

Second, freight+insurance (according to different countries and regions);

3. Customs duties and value-added tax (charged according to customs and national tax rates);

4. Fees for handling import approvals and Chinese labels (not all commodities);

V. Ports and import procedures;

1. Port and dock fee: about RMB 200-600 yuan;

2. Inspection and quarantine fee: about RMB 150- about 400 yuan (or about 0.5%-0.3% of the value of the goods);

3. Customs declaration fee: about RMB 300-600 yuan;

4. Document entry fee: about RMB 90- 180 yuan;

5. Customs inspection fee: about RMB 200-450 yuan (not required if it doesn't happen).

Future outlook:

At present, it is in the transition period of new and old corn. In the middle and late September, new corn in North China will be listed in batches from south to north. In addition, about 25 million tons of auction grain has not yet been delivered from the warehouse. However, the demand of corn industry is growing slowly, the epidemic situation of African swine fever is still spreading, the demand for corn feed is limited, and there is no gap between supply and demand of corn. It is expected that from the end of September to 10, with the centralized listing of new corn, it is expected that the corn price will have a higher probability of seasonal correction.

Corn production in China is basically used for domestic consumption. From the perspective of corn consumption structure, feed consumption is still the mainstay, and the feed consumption structure has changed from a single structure to a diversified product structure. In the compound feed, poultry, pigs, aquatic products and ruminants all account for a large proportion. Besides feed consumption, industrial corn is an important consumption channel.

Refer to the above contents: General Administration of Customs of China-Announcement No.63 20 19 of General Administration of Customs.

Refer to the above content: Baidu Encyclopedia-Corn Futures