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Import Cost for Brazil Sugar in China-19/2/2020

2020-02-20 www.cofeed.com
Item Feb. 19 Feb. 18 Unit
ICE Most-active Contract 15.58 15.28 Cents/pound
Brz Raw Sugar Premiums -0.08 -0.08 Cents/pound
Brz Sugar Freight 34.5 34.5 USD/tonne
Exchange Rate 7.0132 7.0067 (CNY/USD)
Duty-paid Price within Quotas 4136 4066 yuan/tonne
       Price Spread with Shandong Sugar 2124 2194 yuan/tonne
       Price Spread with Guangxi Sugar 1724 1784 yuan/tonne
       Price Spread with Yunnan Sugar 1624 1694 yuan/tonne
       Price Spread with ZCE Contract* 1615 1682 yuan/tonne
Duty-paid Price beyond Quotas 6441 6329 yuan/tonne
       Price Spread with Shandong Sugar -181 -69 yuan/tonne
       Price Spread with Guangxi Sugar -581 -479 yuan/tonne
       Price Spread with Yunnan Sugar -681 -569 yuan/tonne
       Price Spread with ZCE Contract -690 -581 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange