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Import Cost for Brazil Sugar in China-18/2/2020

2020-02-19 www.cofeed.com
Item Feb. 18 Feb. 14 Unit
ICE Most-active Contract 15.28 15.06 Cents/pound
Brz Raw Sugar Premiums -0.08 -0.08 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 7.0067 6.9922 (CNY/USD)
Duty-paid Price within Quotas 4066 4010 yuan/tonne
       Price Spread with Shandong Sugar 2194 2250 yuan/tonne
       Price Spread with Guangxi Sugar 1784 1830 yuan/tonne
       Price Spread with Yunnan Sugar 1694 1740 yuan/tonne
       Price Spread with ZCE Contract* 1682 1659 yuan/tonne
Duty-paid Price beyond Quotas 6329 6239 yuan/tonne
       Price Spread with Shandong Sugar -69 21 yuan/tonne
       Price Spread with Guangxi Sugar -479 -399 yuan/tonne
       Price Spread with Yunnan Sugar -569 -489 yuan/tonne
       Price Spread with ZCE Contract -581 -570 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange