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Import Cost for Thailand 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
Thai Raw Sugar Premiums 1.85 1.89 cents/pound
Thai Sugar Freight 13 13 USD/tonne
Exchange Rate 6.9722 6.9733 (CNY/USD)
Duty-paid Price within Quotas 4377 4305 yuan/tonne
       Price Spread with Shandong Sugar 1883 1925 yuan/tonne
       Price Spread with Guangxi Sugar 1483 1555 yuan/tonne
       Price Spread with Yunnan Sugar 1393 1465 yuan/tonne
       Price Spread with ZCE Contract* 1394 1424 yuan/tonne
Duty-paid Price beyond Quotas 6828 6713 yuan/tonne
       Price Spread with Shandong Sugar -568 -483 yuan/tonne
       Price Spread with Guangxi Sugar -968 -853 yuan/tonne
       Price Spread with Yunnan Sugar -1058 -943 yuan/tonne
       Price Spread with ZCE Contract -1057 -984 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange