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Import Cost for Brazil Sugar in China-12/2/2020

2020-02-13 www.cofeed.com
Item Feb. 12 Feb. 11 Unit
ICE Most-active Contract 15.78 15.41 Cents/pound
Brz Raw Sugar Premiums -0.08 -0.11 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 6.9722 6.9733 (CNY/USD)
Duty-paid Price within Quotas 4158 4071 yuan/tonne
       Price Spread with Shandong Sugar 2102 2159 yuan/tonne
       Price Spread with Guangxi Sugar 1702 1789 yuan/tonne
       Price Spread with Yunnan Sugar 1612 1699 yuan/tonne
       Price Spread with ZCE Contract* 1613 1658 yuan/tonne
Duty-paid Price beyond Quotas 6476 6336 yuan/tonne
       Price Spread with Shandong Sugar -216 -106 yuan/tonne
       Price Spread with Guangxi Sugar -616 -476 yuan/tonne
       Price Spread with Yunnan Sugar -706 -566 yuan/tonne
       Price Spread with ZCE Contract -705 -607 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange