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Import Cost for Brazil Sugar in China-11/2/2020

2020-02-12 www.cofeed.com
Item Feb. 11 Feb. 10 Unit
ICE Most-active Contract 14.98 14.72 Cents/pound
Brz Raw Sugar Premiums -0.11 -0.11 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9733 6.9842 (CNY/USD)
Duty-paid Price within Quotas 3976 3925 yuan/tonne
       Price Spread with Shandong Sugar 2254 2305 yuan/tonne
       Price Spread with Guangxi Sugar 1884 1935 yuan/tonne
       Price Spread with Yunnan Sugar 1794 1845 yuan/tonne
       Price Spread with ZCE Contract* 1753 1826 yuan/tonne
Duty-paid Price beyond Quotas 6184 6101 yuan/tonne
       Price Spread with Shandong Sugar 46 129 yuan/tonne
       Price Spread with Guangxi Sugar -324 -241 yuan/tonne
       Price Spread with Yunnan Sugar -414 -331 yuan/tonne
       Price Spread with ZCE Contract -455 -350 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange