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Import Cost for Thailand Sugar in China-16/1/2020

2020-01-17 www.cofeed.com
Item Jan. 16 Jan. 15 Unit
ICE Most-active Contract 14.38 14.52 cents/pound
Thai Raw Sugar Premiums 1.1 1.07 cents/pound
Thai Sugar Freight 20 20 USD/tonne
Exchange Rate 6.8784 6.891 (CNY/USD)
Duty-paid Price within Quotas 3923 3954 yuan/tonne
       Price Spread with Shandong Sugar 2377 2346 yuan/tonne
       Price Spread with Guangxi Sugar 1957 1906 yuan/tonne
       Price Spread with Yunnan Sugar 1887 1856 yuan/tonne
       Price Spread with ZCE Contract* 1937 1885 yuan/tonne
Duty-paid Price beyond Quotas 6099 6147 yuan/tonne
       Price Spread with Shandong Sugar 201 153 yuan/tonne
       Price Spread with Guangxi Sugar -219 -287 yuan/tonne
       Price Spread with Yunnan Sugar -289 -337 yuan/tonne
       Price Spread with ZCE Contract -239 -308 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange