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Import Cost for Thailand Sugar in China-15/1/2020

2020-01-16 www.cofeed.com
Item Jan. 15 Jan. 14 Unit
ICE Most-active Contract 14.52 14.32 cents/pound
Thai Raw Sugar Premiums 1.07 1.07 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.891 6.8892 (CNY/USD)
Duty-paid Price within Quotas 3954 3909 yuan/tonne
       Price Spread with Shandong Sugar 2346 2391 yuan/tonne
       Price Spread with Guangxi Sugar 1906 1971 yuan/tonne
       Price Spread with Yunnan Sugar 1856 1901 yuan/tonne
       Price Spread with ZCE Contract* 1885 1953 yuan/tonne
Duty-paid Price beyond Quotas 6147 6076 yuan/tonne
       Price Spread with Shandong Sugar 153 224 yuan/tonne
       Price Spread with Guangxi Sugar -287 -196 yuan/tonne
       Price Spread with Yunnan Sugar -337 -266 yuan/tonne
       Price Spread with ZCE Contract -308 -214 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange