# Arbitrage window to China opens up despite 30% import duty  : The Daily Digest

> With U.S. ethanol prices at a one-year low, an arbitrage window to China has opened despite a 30% Chinese import duty. Chinese domestic ethanol is more than $300 per metric ton above U.S. product, leaving U.S. ethanol at a $57-73/ton discount after duty, which prompted an offer for 30,000 tons for November shipment.

- Date: 2017-10-10 · published 2017-10-10T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/68451-arbitrage-window-to-china-opens-up-despite-30-import-duty-the-daily-digest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved access to China could absorb surplus U.S. ethanol and support domestic ethanol prices, modestly supporting corn demand from ethanol plants.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-01 | [China’s imports of U.S. food on the rise - WEDC](https://feedsoft.ai/events/14834-china-s-imports-of-u-s-food-on-the-rise-wedc.md) | -2.2% | -3.2% |
| CORN | 2019-08-26 | [Daily US grain report: grain futures lifted by apparent US-China moves to restart trade talks
						 \| The Poultry Site](https://feedsoft.ai/events/5699-daily-us-grain-report-grain-futures-lifted-by-apparent-us-china-moves-to.md) | +2.1% | +1.6% |
| CORN | 2020-12-08 | [China-U.S. farm ties are stronger than ever despite trade war](https://feedsoft.ai/events/49502-china-u-s-farm-ties-are-stronger-than-ever-despite-trade-war.md) | +0.1% | +9.5% |
| CORN | 2017-07-19 | [US ethanol exports ease thanks to higher prices at home  : The Daily Digest](https://feedsoft.ai/events/69962-us-ethanol-exports-ease-thanks-to-higher-prices-at-home-the-daily-digest.md) | -1.3% | -4.5% |
| CORN | 2020-12-09 | [Soybeans still China's top U.S. ag import - Best Soil Amendments](https://feedsoft.ai/events/49500-soybeans-still-china-s-top-u-s-ag-import-best-soil-amendments.md) | +1.3% | +9.8% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/arbitrage-window-to-china-opens-up-despite-30-import-duty/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.