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Import Cost for Thailand Sugar in China-7/1/2020

2020-01-08 www.cofeed.com
Item Jan. 7 Jan. 6 Unit
ICE Most-active Contract 13.59 13.73 cents/pound
Thai Raw Sugar Premiums 0.8 0.8 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.9431 6.9707 (CNY/USD)
Duty-paid Price within Quotas 3718 3762 yuan/tonne
       Price Spread with Shandong Sugar 2432 2258 yuan/tonne
       Price Spread with Guangxi Sugar 2012 1858 yuan/tonne
       Price Spread with Yunnan Sugar 2042 1948 yuan/tonne
       Price Spread with ZCE Contract* 2002 1807 yuan/tonne
Duty-paid Price beyond Quotas 5769 5840 yuan/tonne
       Price Spread with Shandong Sugar 381 180 yuan/tonne
       Price Spread with Guangxi Sugar -39 -220 yuan/tonne
       Price Spread with Yunnan Sugar -9 -130 yuan/tonne
       Price Spread with ZCE Contract -49 -271 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange