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Import Cost for Thailand Sugar in China-5/2/2020

2020-02-06 www.cofeed.com
Item Feb. 5 Feb. 4 Unit
ICE Most-active Contract 14.76 14.65 cents/pound
Thai Raw Sugar Premiums 2.16 1.67 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9754 7.0021 (CNY/USD)
Duty-paid Price within Quotas 4223 4105 yuan/tonne
   Price Spread with Shandong Sugar 2007 2125 yuan/tonne
 Price Spread with Guangxi Sugar 1617 1735 yuan/tonne
Price Spread with Yunnan Sugar 1527 1645 yuan/tonne
Price Spread with ZCE Contract* 1439 1575 yuan/tonne
Duty-paid Price beyond Quotas 6580 6391 yuan/tonne
   Price Spread with Shandong Sugar -350 -161 yuan/tonne
 Price Spread with Guangxi Sugar -740 -551 yuan/tonne
Price Spread with Yunnan Sugar -830 -641 yuan/tonne
Price Spread with ZCE Contract -918 -711 yuan/tonne