Item |
Feb. 4 |
Feb. 3 |
Unit |
ICE Most-active Contract |
14.65 |
14.91 |
cents/pound |
Thai Raw Sugar
Premiums |
1.67 |
1.67 |
cents/pound |
Thai Sugar
Freight |
13 |
13 |
USD/tonne |
Exchange Rate |
7.0021 |
6.9908 |
(CNY/USD) |
Duty-paid
Price within Quotas |
4105 |
4156 |
yuan/tonne |
Price Spread with Shandong Sugar |
2125 |
2074 |
yuan/tonne |
Price Spread with Guangxi Sugar |
1735 |
1684 |
yuan/tonne |
Price Spread
with Yunnan Sugar |
1645 |
1594 |
yuan/tonne |
Price Spread
with ZCE Contract* |
1575 |
1325 |
yuan/tonne |
Duty-paid
Price beyond Quotas |
6391 |
6473 |
yuan/tonne |
Price Spread with Shandong Sugar |
-161 |
-243 |
yuan/tonne |
Price Spread with Guangxi Sugar |
-551 |
-633 |
yuan/tonne |
Price Spread
with Yunnan Sugar |
-641 |
-723 |
yuan/tonne |
Price Spread
with ZCE Contract |
-711 |
-992 |
yuan/tonne |
*The most-active contract on the Zhengzhou Commodity Exchange |